The March 2010 health care reform bill includes a new mandate which requires that, by 2012, businesses begin to issue 1099 forms to all vendors to whom they had paid a minimum of $600 during a given tax year. Naturally such a requirement would force many small businesses to devote more hours and manpower (not …
NY Techies Attack LLC Publication Requirement
I just recently posted an article comparing the steep price difference between registering an LLC versus an S-Corp and how LLC’s are subject to NY’s $2000 extortion publication requirement.
Now New York tech businesses have launched a petition, aptly named “Why-2K?” to nix this quasi-tax on small businesses. From Crains’ (subscription required):
A group of techies is …
Restaurant Week Update: MenuPages.com launches IPhone app
MenuPages.com launched an IPhone application just in time for Restaurant Week. This is obviously not legal news, but is of big concern to many of New York’s small business owners: Restaurateurs.
The application is free. It’s being supported by Capital One to start. It will highlight Capital One branch locations in select cities.
Restaurateurs who already use …
Gawker Contest Raises Legal Concerns
A contest launched by Gawker, followed by a stern demand from Apple, raises an interesting legal issue for local news outlets:
Hours after launching a contest to pay thousands of dollars for a peek at the Apple Tablet, Gawker received a letter from Apple’s lawyers that read: “Apple insists that you immediately discontinue the Scavenger Hunt.”
Fed …