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Is Your Business Required To Pay Business Taxes During The COVID-19 Pandemic?

In Business Tips, COVID-19, Legal Compliance by Ian AldenLeave a Comment

For the most part, the answer is no – that is to say, individuals are still required to pay taxes, as are businesses. That being said, there are a few COVID-related exceptions. First, in the CARES Act, Congress allowed for a deferral of the employer’s portion of Social Security taxes for periods between March 27, 2020 and December 31, 2020, payable 50% …

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Moving Out of New Mexico; Should you sell your business, or move it with you?

In Business Transactions, LLC Formation by Ian AldenLeave a Comment

If you choose to sell your business There are certainly options available to you. For example, there are business brokers who specialize in finding buyers for viable businesses. They typically take a percentage of the sale price as a fee or commission and help negotiate the terms of the sale between the buyer and seller. Typically, brokers who want to …