by Jeffrey T. Workman | Nov 5, 2019 | business law
LLC members have the right to elect that their company be taxed as an S corporation, rather than as a partnership (if there are multiple members) or a “disregarded entity” (if there is only one member). If such an election is made, the LLC will continue to be...
by Jeffrey T. Workman | Aug 26, 2019 | business law
Most business owners are aware of the election that has to be made to be taxed as an S corporation with the filing of Form 2553 with the Internal Revenue Service. Many business owners may not be aware of other elections that are available to existing S corporations...
by Jeffrey T. Workman | Jun 25, 2019 | business law
Commercial leases can certainly be daunting to review and negotiate. Once executed, many commercial tenants file it away and forget about all of the lease details, beyond the monthly rental and CAM charges they are responsible for. This post will inspire you to pull...
by Jeffrey T. Workman | Jun 3, 2019 | business law
If you own a corporation or limited liability company in North Carolina and your company is conducting business under a name other than what name is filed for your company in the Articles of Incorporation/Organization with the North Carolina Secretary of State, then...
by Jeffrey T. Workman | May 20, 2019 | business law
CPAs have an ethical duty to keep their client information confidential. Specifically, 21 NCAC 08N.0205 of the Board of CPA Examiners’ Ethics Rules provides that that a “CPA shall not disclose any confidential information obtained in the course of employment or a...
