In a ruling today, the United States Supreme Court entered an order staying the OSHA emergency rule that all employers with at least 100 employees to require vaccination of its employees against COVID-19 or to implement strict testing and masking requirements. The Supreme Court’s ruling halts enforcement of OSHA’s emergency standard for now.
While it is easy to start your business as a sole proprietor, there are reasons why you may want to choose a different business structure. An LLC with an S election could be a good choice, depending on your expenses and liabilities. Let’s look at how a sole proprietorship stacks up vs an S Corp.
The beginning framework of a new business can fundamentally impact the tax obligations, regulations, and liabilities you face. It’s wise to know the difference between the types of business entities and which best suits your organization now and in the future. To optimize your finances, you need to understand what a partnership is vs. a corporation.
Creating an operating agreement for a Limited Liability Company (LLC) in NC is not as complicated as you might imagine. It is simply a short outline of how your business will work. Learn how to go ahead and draft your operating agreement for an LLC in NC.
When you start a business, selecting the structure best suited to your enterprise is crucial. Without consulting a knowledgeable business attorney you may struggle to find the best structure. However, if a C-Corp is the optimal entity structure for your business, learn how to file your NC Articles of Incorporation.
When starting a business, how do you know what structure is right for you? An LLC or Limited Liability Company is a common choice for companies in NC. With this business structure, you limit your liability if someone should sue your company in the future. However, the S Corporation has benefits that go beyond the abilities of an LLC. So why and how would you convert an LLC to an S Corp?
Getting started with a new business can be confusing. What type of business structure do you want? How will you get the licenses and permits you need? When it comes time to pay taxes, will you lose more than you can’t afford? But by far, the most crucial question you may ponder is how to self-finance your startup.
To avoid disputes and keep your business running smoothly, ensure that your contracts are tight and create clear expectations for you as an employer and your employees. Let’s look at some of the reasons to work with an employment contract lawyer.
Starting a business requires vision and business goals, but you must also consider more detailed legal considerations. A business formation attorney knows the right questions to ask before getting started, providing the practical steps you need to succeed.
Business attorneys keep your relationships with employees, partners, vendors, and clients on solid footing so that your business interactions reap benefits for your business. Let’s look at 6 reasons you may need to hire a business attorney.