Posts

Perkins Law LLC Formation Express PackageJanuary 15, 2021
Click here to view package details.

Three Important Things to Know About the Second Round of Paycheck Protection Program Loan FundingJanuary 05, 2021
At the end of 2020, the Consolidated Appropriations Act, 2021 was passed to provide additional COVID-19 financial relief to the small business and nonprofit community, including a second round of Paycheck Protection Program (PPP) funding (PPP…

Perkins to Speak on Business Entity Tips at Upcoming SCORE WorkshopNovember 23, 2020
Click here to register.

UPDATE: REBUILD! VA GRANT FUND EXPANDEDNovember 16, 2020
The Rebuild VA Grant Fund is a program to help small businesses and nonprofits whose normal operations were disrupted by COVID-19, including restaurants, brick and mortar retail, exercise and fitness facilities, personal care and personal grooming…

Five Tips for Small Business Angel InvestingNovember 09, 2020
Putting all of your eggs in one basket is rarely a good idea. This is especially true when deciding where to invest your money. Over the past fifty years, an increasing number of investors have ventured into what are referred to as “angel…

SBA Announces Simpler PPP Forgiveness Process for Loans of $50,000 or LessOctober 12, 2020
The U.S. Small Business Administration (SBA) released last week a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide helpful relief…

15 Steps to Winding Down a Virginia Small BusinessOctober 09, 2020
The process of closing a Virginia small business can range from very simple and straightforward to extremely complex, expensive, and time consuming, depending upon the surrounding facts and circumstances of the business. Just reaching the decision…

New Central Virginia Regional Sales and Use Tax Now in EffectOctober 07, 2020
The new 0.7% regional retail sales and use tax went into effect last week on October 1, 2020. This new tax applies throughout Central Virginia (including the city of Richmond, Charles City, Chesterfield, Goochland, Hanover (including the town…

How to Correct Mistakes on a Filed IRS Form SS-4 (EIN Application)October 05, 2020
The Problem
You are trying to successfully navigate the many challenges of small business ownership and one day you discover, much to your dismay, that incorrect information was inadvertently reported on Form SS-4 to the IRS (or perhaps the…

A Few Thoughts on Small Business ContractsSeptember 11, 2020
Small business owners negotiate on a daily—if not hourly—basis concerning a wide variety of matters. Most of these negotiations take place quickly and informally, but some business transactions and relationships are important enough to…