Posts

How to Correct Mistakes on a Filed IRS Form SS-4 (EIN Application)
October 05, 2020

The Problem You are trying to successfully navigate the many challenges of small business ownership and one day you discover, much to your dismay, that incorrect information was inadvertently reported on Form SS-4 to the IRS (or perhaps the…

A Few Thoughts on Small Business Contracts
September 11, 2020

Small business owners negotiate on a daily—if not hourly—basis concerning a wide variety of matters.  Most of these negotiations take place quickly and informally, but some business transactions and relationships are important enough to…

New Central Virginia Regional Sales and Use Tax Going into Effect October 1, 2020
August 19, 2020

A new .7% regional retail sales and use tax will be imposed in Central Virginia (including the city of Richmond, Charles City, Chesterfield, Goochland, Hanover (including the town of Ashland), Henrico, New Kent, and Powhatan counties. This…

EMERGENCY COVID-19 WORKPLACE REGULATIONS NOW IN EFFECT FOR VIRGINIA BUSINESSES
August 18, 2020

Last month, Virginia became the first state to approve binding regulations related to COVID-19 workplace safety. The regulations impose extensive requirements on Virginia businesses that have at least one employee (a term which itself is broadly…

REBUILD! VA GRANT FUND NOW AVAILABLE FOR VIRGINIA SMALL BIZ AND NONPROFITS
August 10, 2020

The Rebuild VA Grant Fund is a program to help small businesses and nonprofits whose normal operations have been disrupted by COVID-19, including restaurants, retail, exercise and fitness facilities, personal care and personal grooming services,…

Growing Use of Virus-Related Waiver Forms in the Small Business Community – But Are They Legally Enforceable in Virginia?
June 24, 2020

With lowering restrictions and more people venturing outside of their homes across Virginia, small business owners in the process of reopening are wondering how they can protect themselves from COVID-19-related liability risk. In many cases,…

Should a Lawyer Review My Employment Agreement Before I Sign?
June 15, 2020

QUESTION: My boss just handed me an employment agreement and wants me to sign it ASAP, why spend the time and money to have a lawyer review it? ANSWER: Generally speaking, courts in Virginia will hold people to the contracts they voluntarily…

Quick Summary of the Paycheck Protection Program Flexibility Act of 2020
June 08, 2020

The ongoing response of the federal government to the COVID-19 crisis to protect the small business community continues to evolve. Last week the Paycheck Protection Program Flexibility Act of 2020 was signed into law. The Act significantly…

Time for a Small Business Compliance Check Up?
June 05, 2020

When was the last time you spent some quality time reviewing the legal and compliance condition of your business? You might be surprised by what you discover. Even if you discover a compliance issue or problem that had been overlooked, much…