Modifying or Terminating a Virginia Trust
Before deciding to modify a trust, it is important to consider the tax implications of such action. Modifying a trust could adversely affect income, gift,
Fault and No Fault Divorce Options in Virginia
Historically, Virginia has limited the availability of divorce, requiring that the spouse seeking divorce present evidence showing that the other spouse had caused the marriage
How and Why You Should Acquire an EIN
An Employer Identification Number (EIN) is a type of Tax Identification Number (TIN). There are many kinds of TINs, including Social Security Numbers (SSNs). An
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