Essential Parts of Every Contract
Contracts are the foundation of modern business relationships. Contract law as we know it today originated in English common law, but contracts have been around
Purchasing Real Estate for Your Business
Business owners must constantly weigh risks versus rewards when evaluating growth strategies. One such example is investing in the ownership of commercial property, which involves
What You Need to Know About Filing Form 990
Groups exempt from federal income taxation under § 501(a) must file Form 990 to report on their finances, activities, and governance. The IRS uses Form
Is My Nonstock Corporation Automatically Tax-Exempt?
Setting up a nonprofit on your own can be confusing. People generally use the word “nonprofit” to refer to groups that are exempt from federal
Employees’ Rights to Discuss Wages
While many employers discourage employees from discussing wage and compensation with each other, it’s important for you to know that all employees have the right
How Churches Can Use Photos Wisely and Avoid Legal Liability
Churches often use photographs that they’ve taken during worship services, conferences, and outreach events on social media, the church’s website, and promotional or informational materials
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.