Corporate Annual Reports: Don’t Be Deceived!

Each year around this time I hear of someone who has received a very cleverly worded letter in an official looking envelope that appears to be from the Massachusetts Secretary of State’s  office.   To keep from being tricked please read on.

If you own a corporation in the Commonwealth of Massachusetts you are required to file [...]

A Practical Guide to Avoiding Common Business Mistakes

I have been blogging now for more than two years and this is the second time I have addressed this topic.  The first time, back in 2010, I listed five mistakes I had regularly seen made.  While my earlier blog post is still accurate and relevant – the following is a simplified [...]

A Mortgage Loan Modification – What is it? Can it help you?

If you are behind on your mortgage or if you are barely able to make your monthly mortgage payment you should consider contacting your mortgage company to ask about a mortgage modification. What exactly is a modification? Simply put, a modification is an agreement you reach with your lender that allows you to modify the [...]

I just got sued! Now what? 6 Steps to Deal with a Lawsuit

Nobody likes to be the defendant in a lawsuit but sometimes you have no choice.  I work with clients who have been sued and who have also filed a lawsuit.  Typically, filing a lawsuit means that efforts to resolve the matter outside of court have failed.  You may have received a demand in the mail [...]

Corporate/LLC Compliance: What to do? What to watch out for?

If you have a Massachusetts corporation or limited liability company (“LLC”) there are certain actions that you need to take on an annual basis to make sure your corporation or LLC is in good standing with the Secretary of State’s office.  Why is it important that your corporation or LLC be in good standing?  If [...]