Legal Guides

How to Convert an LLC into a PLLC in New York? You Can’t—But Here’s the Solution!

You’re probably here because you’re looking for a way to Convert a New York LLC into PLLC. Like many of our clients, you likely formed an LLC and recently learnt that it should have been a PLLC. For many licensed professionals in New York—such as therapists, doctors, architects, and engineers—this realization comes with a wave of panic. Operating a professional practice through a standard LLC is a violation of New York law that can lead to fines, the suspension of your license, and even criminal imprisonment.


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LLC and PLLC Compliance Under the New York LLC Transparency Act: 2026 Guide to Exemptions

The New York LLC Transparency Act (NY LLCTA) officially took effect on January 1, 2026. While the original legislation was designed to mirror the broad disclosure requirements of the federal Corporate Transparency Act, recent legislative updates and a significant gubernatorial veto have drastically narrowed its scope. For New York practitioners, the result is clear: All U.S.-formed entities, including New York PLLCs, are currently exempt from the Act’s beneficial ownership reporting requirements.


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Choosing the Best New York Professional Entity in 2026: PLLC, PC, DPC, LLP, LLC, or Inc?

In order to practice legally in New York, licensed professionals such as doctors, therapists, accountants and lawyers, must choose between a sole proprietorship, partnership, professional limited liability company (PLLC), professional corporation (PC), or limited liability partnership (LLP). Design professionals, such as architects and engineers can also form a design professional corporation. This guide describes why a traditional LLC or corporation can’t be used, compares the different professional entities that can be used, and explains why the PLLC is typically the best option in New York. If you have already made your decision, you can jump straight to our comprehensive step-by-step guide on forming a New York PLLC.


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New York PLLC Formation: 2026 Complete Guide to Formation, Taxes & Compliance

We’ve formed hundreds of PLLCs for New York professionals since 2015. A current snapshot of the 2026 PLLC formation process in New York is below. Definitive details about PLLCs and how to start a NY PLLC follow.

New York PLLC Formation (2026 Snapshot)

To set up a New York professional limited liability company (PLLC) in 2026, licensed professionals like doctors, lawyers, architects, accountants, therapists and social workers must follow a four-part state process:


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How to Start a Nonprofit Organization in New York

So you want to start a nonprofit in New York? Here is a step-by-step guide to forming a New York nonprofit organization

Welcome to our guide to starting a New York nonprofit organization. The purpose of this blog post is to provide a general overview about how to start a nonprofit organization under New York and federal (United States) law. There are many different types of nonprofit that you can form. These include 501(c)(3) charitable, educational or religious organizations, 501(c)(4) community welfare organizations, 501(c)(6) chambers of commerce, 501(c)(7) social clubs, 501(c)(10) lodge system fraternities and sororities and 527 political action committees, amongst others. If you are interested specifically in forming a New York 501(c)(3), it may be helpful please see our comprehensive guide to starting a New York 501(c)(3) nonprofit organization, which also includes free forms prepared by our firm for you to do so.
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501(c)(3) Nonprofit Types: Public Charity & Private Foundation Classification

501(c)(3)s are not all the same - what's your nonprofit's foundation classification

While most starting out in the nonprofit community are aware what 501(c)(3) means, many are unaware that there are different classifications, or types, of 501(c)(3) nonprofits. Specifically, there are two main 501(c)(3) nonprofit types: public charity or private foundation, each of which with their own subclassifications. In practice, the classification and subclassification of a 501(c)(3) is known as its “foundation status.”

Determining the foundation status of an organization is important because the type of a 501(c)(3) nonprofit dictates what a nonprofit can do, cannot do and must do. In general, being classified as a private foundation is less tax advantageous than being classified as a public charity. The purpose of this blog post is to provide an overview of the different foundation statuses available to a nonprofit.
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Nonprofit, NGO & 501(c)(3) – What’s the Difference?

Nonprofit, NGO & 501(c)(3) - What is the Difference?

“Nonprofit” or “Nonprofit Organization (NPO),” “Non-Governmental-Organization (NGO)” and 501(c)(3) are terms often used, in the United States, informally to describe the same thing: an organization exempt from taxation under section 501(c)(3) of the Internal Revenue Code (i.e. “501(c)(3)” organization). However, each of these terms actually has a different and specific meaning. In short, an “NGO” is a subset of a nonprofit, not every nonprofit or NGO is a 501(c)(3), and all 501(c)(3)s are nonprofits.
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How Many Directors are Needed on a 501(c)(3) Nonprofit Board?

We are often asked how many directors a nonprofit needs. The answer really depends on a variety of factors including where the nonprofit was incorporated, whether the nonprofit is a 501(c)(3) or other 501(c) organization, what kind of 501(c)(3) the nonprofit will be, and the identities of the directors. This blog post will answer many of the frequently asked questions about the composition of nonprofit and 501(c)(3) boards of directors.
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How to Start a New York 501(c)(3) Nonprofit NGO

Here is our comprehensive guide to starting a 501(c)(3) nonprofit NGO in New York. The path to 501(c)(3) can be overwhelming, involving review at both the federal (U.S.) and state levels. We hope this guide will be of help to you in navigating the complexities involved in the state process — incorporating a nonprofit NGO under New York law — and the federal process — being recognized as exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code (the U.S. tax law).
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Understanding the Most Favored Nation Clause

Your Most Favored Nation can Help or Hurt You. Learn about Most Favored Nation (MFN) clauses and how to use one for your business.

The “Most Favored Nation” or “MFN” clause, in business parlance, most often refers to a risk mitigating technique whereby a contracting party is guaranteed to get the best deal available, now and in the future. What it means is “we’ll enter into this deal now, but if I give a better deal to someone else, you’ll get the same deal.” Today’s post will discuss the application and crafting of a “Most Favored Nation” clause.
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