In 2021, the federal government enacted the Corporate Transparency Act which will go into effect at the beginning of 2024. The purpose of the Act is to fight money-laundering and other criminal enterprises that use business entity formation (such as LLC’s) as a method...
LLCs and S-Corporations are often talked about together, but they are not an either-or choice. There are similarities and differences. A limited liability company (LLC) and a corporation are both legal business structures that are commonly used by small business...
A large portion of any civil litigation case involves “discovery.” Discovery is the general name given to all of the things that attorneys do to determine the facts and circumstances of the opposing party’s case and to prepare for trial. The law requires you to...
Smith Mountain Lake is a man-made lake controlled by American Electric Power. AEP has certain legal rights to various activities occurring below the 800 foot contour of the lake along the shoreline. Many residents are familiar with the Shoreline Management Plan, dock...
