Companies starting in Fairfax may find it helpful to understand how federal tax labels and Virginia business rules fit together. The choice among a limited liability company, an S corporation and a C corporation affects taxes, personal liability and access to funding....
Legal Problems Don't Solve Themselves. We Solve Them Together.
Business Law
Why should Fairfax business owners plan a sale two years ahead?
Selling a business takes more than finding a buyer and agreeing on a price. Buyers also want proof that the company has clear ownership, valid contracts and the right to use its property. For business owners in Fairfax, Virginia, starting the legal review 24 months...
Is it possible to force a business partner out in Virginia?
As a business owner in Virginia, you may face hard choices. If a strong partnership starts to hurt the business, you have options. For example, the problem may be a partner who is not doing their share or who keeps making poor choices. In either case, there are legal...
Can another business operate under the same name?
You started your new business a year ago, and it has been fairly successful. Wanting to find out what was being said about your company online, you decided to search for your business name. To your surprise, you found that another business either has the same name or...
What does the legal side of forming a business usually entail?
Starting a business involves more than having a good idea and the drive to succeed. Behind every successful venture is a solid legal foundation that provides structure, compliance and protection. Understanding the legal side of business formation is important because...
Tips for resolving disputes with business partners
Choosing the right business partner is likely the second most important decision most people ever make, the first being whom they choose as a life partner. But even the best of business partners can sometimes butt heads with each other over issues about how to run the...
When is the right time to buy out a business partner?
People who start or acquire organizations with business partners often intend to work together indefinitely. Business partners usually outline specific terms in their partnership agreements regarding the development of the organization and the contributions that each...
When does it make sense to file an S-corporation?
Your business structure can have a big impact on taxes and personal liability. Though limited liability companies (LLCs) are more popular, forming an S-corporation (S-corp) is the smart move for some companies. Tax benefits of an S-corp One of the main reasons to...
What to include in a freelancer contract in Virginia and D.C.
Freelancer contracts serve as essential tools to protect both parties involved in a working relationship. Outlining expectations and key details in writing helps to avoid confusion and ensure that both the freelancer and the client understand their obligations. Scope...
How courts can potentially resolve a significant contract breach
Virtually every new contract that a business negotiates is a potential source of revenue or means of better ensuring operational stability. Contracts can lock in vendor deliveries, secure work from independent contractors and establish expectations for employees....