Trouble for Early-stage New York  Investors?

Trouble for Early-stage New York Investors?

To our friends in New York:  there is pending in New York a bill (Senate Bill S8921A) that would end the state’s tax break which runs parallel to the Federal Qualified Small Business (QSB) under Section 1202 of the Internal Revenue Code.  Under Section 1202, favorable...
“Let’s Hear for the BOI”

“Let’s Hear for the BOI”

As many know,  we were  presented with a new law last year, the “Corporate Transparency Act” (CTA), which required many small. U.S. companies to report information to the U.S. government about who ultimately owns and controls them.  https://www.fincen.gov/boi The new...
Trouble for Early-stage New York  Investors?

SAFE’s – – More Common

As we see the widespread acceptance of “SAFE” securities (Simple Agreement for Future Equity)  deals spread Eastward in the U.S., some investors continue to resist the use of SAFEs. The resistance comes from several concerns including (1) the challenge of calculating...