Is a Business License Required in New Mexico?

Obtaining Business Licenses in New Mexico Businesses do not require a state-wide business license but should instead apply for local city business licenses. When registering with the New Mexico Taxation & Revenue Department, New Mexican businesses will receive a Combined Reporting System Number, which can be used to pay for a range of taxes. Many … Read more

Who Regulate Debt Collectors?

Overview of Debt Collection Regulations The Fair Debt Collection Practices Act (FDCPA) regulates debt collectors. The Federal Trade Commission (FTC) administers this 1978 law prohibiting abusive, unfair and deceptive collection practices. The FDCPA applies to personal, family and household debts like credit cards, car loans, medical bills, and mortgages. Debt collectors locate and contact people … Read more

Do I Need a Seller’s Permit to Sell Online in Massachusetts? Overview of Sales Tax Requirements in Massachusetts

Most businesses operating in or selling in Massachusetts are required to purchase a resale certificate annually. Online based businesses shipping products to Massachusetts residents must collect sales tax. Obtaining your sales tax certificate allows you to do so. To apply for an initial license: Complete the two-page application form. Submit for each facility or activity … Read more

What Is Article Termination?

Understanding Article Termination Article termination is the process of legally ending an LLC (Limited Liability Company). It involves filing dissolution documents with the state, paying off debts and liabilities, distributing remaining assets, and filing final "articles of termination". Key Steps in LLC Dissolution File articles of dissolution with the state to begin winding up business … Read more

Does Uber Own Bird?

Background Bird scooter company ownership and acquisition talks Who owns Bird scooter company? Bird was founded in 2017 by Travis VanderZanden, formerly an executive at Uber and Lyft. He has stated that Bird is "not for sale." Uber has engaged in talks with Bird and Lime about potentially acquiring one or both companies to boost … Read more