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Articles Posted in “sale of business”

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New Jersey Division of Taxation Bulk Sales Requirements

New Jersey’s bulk sale law was enacted by the New Jersey legislature in 1995 to protect purchasers of business assets. The purchaser of business assets is required to notify the New Jersey Division of Taxation of the transaction at least ten days before the sale by completing and filing a…

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Inspecting Bridal Gowns: Due Diligence Not Bar To New Jersey Fraud

Background: Due Diligence, Purchases and Sales of Business In the sale of a New Jersey business, buyers normally perform due diligence such as inspecting profits, losses, revenue, expenses, bank accounts, tax returns and financial statements and the like. Contracts for the sale of a business often say that the buyer…

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