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business formation & planning Archives

New business law promising for millions of American entrepreneurs

Reportedly, more than 40 million independent workers run diverse businesses across the United States. That spans enterprises from bakeries, laundromats and auto garages to furniture movers, tax-preparation outlets and convenience stores.

Many business owners still harboring questions re new federal laws

It’s formally called the federal Tax Cuts and Jobs Act. Most owners of small and medium-sized businesses in Connecticut and nationally simply view it as legislation highly touted under the Trump administration and recently enacted as law that promises strong upsides for company owners and entrepreneurs.

Second time lucky? Self-serve alcohol machines again spotlighted

It’s not as though Connecticut lawmakers are trying to push a radical concept never before considered elsewhere in the country, or that their passage of a legislative bill would breed massive social unrest.

IRS makes major announcement concerning overseas-assets program

As experienced Connecticut business lawyers, we know at the proven commercial law firm of Berdon, Young & Margolis in New Haven that our diverse and valued clients routinely deal with a host of complex concerns.

Heading toward the door, Gov. Malloy keeps up liquor law fight

Connecticut Governor Dannel Malloy is nothing if not persistent. The state's chief executive has repeatedly pushed hard for changes to Connecticut's minimum pricing liquor law rule, which he and like-minded thinkers view as price fixing and detrimental to business in the state.

Current Bridgeport focus: liquor outlet zoning rules

Any person needing confirmation that municipal zoning relevant to liquor outlets and sales can be thorny and contentious business need look no further these days than Bridgeport. A recent media spotlighting of an ongoing dispute in that city notes that it is "so controversial that the [city] planning department is seeking a consultant's perspective."

Should smaller businesses start making plans in wake of tax cuts?

Principals of small and medium-sized businesses in Connecticut and across the country have pined for years for reduced tax levies on their companies. They routinely note that tax law changes salutary to businesses will enable them to buy more equipment, expand operations and hire additional workers.

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