Category Archives: Business

Virginia Buy-Sell Agreement – Cross Purchase v. Redemption

In my previous blog post entitled Protect Your Virginia Business with a Buy-Sell Agreement, I wrote in depth about the three essential terms of a buy-sell agreement.  I coined the second element as the WHO element.  The WHO element asks “who has the authority to purchase the ownership interest...
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Protect your Virginia Business with a Buy-Sell Agreement

Do you own a small business or plan to start a new business with a partner/co-owner? Have you considered what will happen in the event of your death or your business partner’s death? What if your business partner is sued for divorce or declares bankruptcy? All of these events (and more) may negatively impact the operation of your small business. It is important to plan ahead.

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Taxes and Estate Planning in 2013

As you probably know, Congress avoided the so-called fiscal cliff by passing the American Taxpayer Relief Act of 2012 (the 2012 Tax Act), signed into law by the President on January 2, 2013.

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Employee … or Independent Contractor?

In times of growth small business owners have often had to determine whether they should outsource work to independent contractors or hire additional part time or full time employees.

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