
Changing Your Name in Virginia
People often change their name when getting married, after a divorce, or for a host of other reasons. The steps to changing one’s name differ

Form 1023: What You Need to Know About Applying for Tax-Exempt Status
What is Form 1023? To be exempt from federal income tax, organizations must receive a determination letter from the IRS. The IRS only gives a

The Impact of the New Corporate Transparency Act Regulations on Small Businesses
New beneficial reporting requirements under the Corporate Transparency Act become effective January 1, 2024, and will require small business to report information about their owners.

What Business Owners Need to Know about Cash Flow Statements
Cash flow measures how much cash is flowing in and out of a business, and a positive cash flow is one of the strongest determinants

When an LLC Is Not the Best Fit
Business owners who are interested in forming a new limited liability company (LLC) or converting their existing business to an LLC are probably familiar with

Doug Davis on WNIS Ask the Expert
Last week our own Doug Davis was a guest on WNIS radio’s “Ask the Expert” show. WNIS has been providing live local news, talk shows

Cybersecurity Legal Considerations
The internet has been a game changer for small businesses, allowing them to reach new markets, hire nonlocal talent, and compete with larger companies. Not

7 Legal Steps to Creating a Nonprofit Organization in Virginia
Before you can start your nonprofit and begin making an impact, you first have to take important legal steps to ensure your tax-exempt status and

Why Your Business Needs Insurance
You have invested your money, time, and sweat equity to build a company that will be successful for years to come, but even if you