RVA BizLaw Episode 1 Now Available on YouTube
February 10, 2017

Ready for a 6-minute introduction to Virginia LLCs and why they have become such a popular choice of entity in the small business community?  Then click below to watch the first episode of the new RVA BizLaw series. The next episode will…

IRS Releases New Version of Form 990-EZ
February 02, 2017

The IRS announced today the release of an updated Form 990-EZ, Short Form Return of Organization Exempt From Income Tax, that will help tax-exempt organizations avoid common mistakes when filing their annual return. The new version of Form…

Warning to Virginia Nonprofits-Watch Out if a Major Donor Declares Bankruptcy
January 29, 2017

Who would think that the bankruptcy of an emerging growth company could impact the nonprofit community in a dramatic way?  Well, ask around the RVA nonprofit community and how they are being impacted by the Health Diagnostics Laboratory…
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Legal Support Services for Virginia Franchise Owners
January 24, 2017

Life for prospective and new franchise owners can be both exciting and overwhelming, hundreds of decisions to make and details to address each and every day—especially during the start-up phase. Here are a few contract and compliance tips…

Looking for a 5-Minute Introduction to Virginia limited liability companies?
January 17, 2017

The Virginia LLC has become an enormously popular choice of entity for small business startups through the Commonwealth.  Limited liability protection, pass-through tax treatment, minimal statutory formalities, and maximum flexibility in designing…
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Discussion Topics for LLC Owners
January 12, 2017

Going into business with one or more other people offers many potential benefits and risks.  You hope for success, but need to plan for the worst.  A carefully drafted agreement among a group of business partners is important to memorialize…

Perkins Law Renews Sponsorship of Local SCOREcard Business Model Competition
January 10, 2017

Richmond small business and nonprofit law firm Perkins Law, PLLC has signed on as a sponsor of the SCOREcard Business Model Competition for the second year in a row.  The business startup competition, featuring a $5,000 cash prize and free…

RVA Biz Law Video Series Coming Soon
January 08, 2017

The Perkins Law team is finalizing plans to commence production of a series of informative video clips (typically just a few minutes in length) and live broadcasts on various topics of interest for the RVA small business, franchise, and nonprofit…

Due Diligence Very Important for Prospective Franchisees
January 06, 2017

Are you considering becoming a franchise owner?  When done correctly, franchising is a great way of doing business for both franchisors and franchisees.  Success is not guaranteed, however, and franchised businesses can and do fail.  To improve…
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A Quick Overview of Virginia Business Entities
January 03, 2017

Virginia is consistently ranked as one of the best places in America in which to do business.  Virginia’s business entity statutes offer entrepreneurs a variety of options for structuring new business activities and investments.  Click here for…