USCIS recently announced the reinstatement of the International Entrepreneur Parole, a program that was initially introduced in 2017 and subsequently halted by the Trump administration. The International Entrepreneur Parole program is meant to offer an opportunity for foreign entrepreneurs to create and develop start-up companies with high growth potential in the United States. It is getting close to a “start-up…
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Tax Implications of Buying or Selling a House
The ramifications of a real estate transaction can be complex and, as such, need to be carefully scrutinized before planning a purchase or sale of a property. REAL ESTATE TRANSFER TAXES The real estate transfer taxes are one-time taxes imposed by a state and/or a municipality upon the completion of the transaction transferring real property. In New York, the New…
What is a Bridge Loan and How Does it Work?
A bridge loan is a short-term financing tool meant to furnish immediate and crucial cash flow until permanent financing is secured. This occurs often when traditional lenders might be reluctant to grant the funding unless the loan is secured by high-value assets used as collateral. On the other hand, however, before completing the purchase, a proposed buyer might be in…
Protecting Your Brand Through Trademarks
Protecting your brand is fundamental when entering any market and for the success of any business: (1) your brand is the first thing that the customer sees when buying a product or a service, (2) you want your brand to be recognized over other competitors’ brands, and (3) the more your business grows, the more valuable your brand is, making…