Posts

NEW COMPLIANCE REQUIREMENT FOR SMALL BUSINESS OWNERS WHAT YOU NEED TO KNOW STARTING JANUARY 1, 2024
January 10, 2024

Introduction Effective January 1, 2024, the Corporate Transparency Act ("CTA") now imposes reporting requirements on most small business entities (corporations, limited liability companies, certain partnerships, etc.), which will require an…

NEW FEDERAL REPORTING REQUIREMENT TO AFFECT MILLIONS OF SMALL BUSINESSES
October 31, 2022

The Final Rule recently issued under the Corporate Transparency Act (“CTA”) represents a significant update to federal anti-money laundering laws and is estimated to affect millions of business entities by imposing new disclosure requirements…

A Five-Minute Primer on Registration Rights for Small Business Startups and Investors
July 16, 2019

The offer and sale of securities is regulated by both federal and state law.  At the federal level, securities can only be offered or sold pursuant with a registration statement filed with the Securities and Exchange Commission (“SEC”),…

Compliance Tips for Virginia Business Startups: Director and Officer Responsibilities
July 08, 2019

Responsibility for the day-to-day management of a Virginia corporation resides with the corporation’s directors and officers. The Virginia Stock Corporation Act offers more flexibility than most people realize, however, to structure the management…

Fundraising Compliance Tips for Youth Sports Booster Clubs
March 14, 2018

While the legal concepts are pretty simple and straightforward, there always seems to be a lot of confusion and noncompliance when it comes to youth sports and school-related booster clubs and their fundraising efforts.  Here is a short article…

Anti-Harassment Policy a Must for Any Small Business
December 04, 2017

A cultural shift of tectonic proportions seems to be emerging right before our very eyes, and many would agree such an awakening is long overdue.  The issue is sexual harassment and, in some egregious circumstances, sexual assault.  Every…

Top Issues for Young Physicians to Understand About Their Employment Agreements
February 07, 2015

For a young physician, his or her first employment agreement with a health care company or physician group is a major milestone.

IRS Form 1023-EZ Now Available for Small Nonprofits
August 01, 2014

The IRS has released a new, streamlined Form 1023-EZ that offers the promise of a more efficient process for small organizations to apply for recognition of 501(c)(3) exempt status.

SEC Gives Huge Boost to Regulation D Private Offerings
May 16, 2014

At long last, the SEC has voted 4-1 to approve a rule allowing private offering issuers and sponsors to publicly advertise their Regulation D, Rule 506 private securities offerings.

Perkins to Speak at Franchising Workshop on Tuesday, March 11
March 11, 2014

Richmond franchise attorney Eric Perkins will speak about the basics of franchise law and franchise agreements on Tuesday evening at 6:30 at the Meadowdale Library in Chesterfield County.