by Durham Law Firm | Jul 7, 2022 | Business
When starting a business, one of the first decisions you’ll need to make is what business structure to use. There are a few different options to get off the ground as a business, but two of the most common ways to start include getting a business license and starting...
by Durham Law Firm | Jun 30, 2022 | Business
Does an LLC S Corp get a 1099? As an LLC that has elected S-Corp status for tax purposes, the answer is "No." You are not required to receive a Form 1099 from clients or businesses that contract with you. Instead, you report your earnings directly to the...
by Durham Law Firm | Jun 23, 2022 | Business
If you're thinking about starting a business in North Carolina, you'll need to choose the right business structure. One option is a general partnership: an association of two or more persons carrying on a business for profit. However, this type of partnership doesn't...
by Durham Law Firm | Jun 16, 2022 | Business
When starting a new business, one of the first decisions you'll need to make is what type of business structure you need. There are many different types of entities to choose from, but two of the most common are the S corp and the C corp. Find out about the...
by Durham Law Firm | Jun 10, 2022 | Business
If you're considering starting a North Carolina business, you're not alone. According to the Kauffman Index of Startup Activity, the Tar Heel State is one of the most popular places in the country to launch a company. While it's certainly not easy to start a business,...
by Durham Law Firm | Jun 1, 2022 | Estate Planning
When your spouse dies, you may have many questions. If your spouse was the primary wage earner, you might feel worried about how you will get by in the future. One question on your mind may be, "What are you entitled to when your spouse dies?" In North Carolina, the...
by Durham Law Firm | May 25, 2022 | Estate Planning
Making decisions about your future medical care is integral to planning for your future. That's why many people choose to create an advance directive, also sometimes called a living will. But what is the difference between a living will and other types of advance...
by Durham Law Firm | May 19, 2022 | Special Needs Trusts
If you have a disability or love someone who does, it's essential to be up-to-date on the latest disability rights news in North Carolina. That's why we've put together this comprehensive guide to disability rights and resources in our state. Here, you'll find...
by Durham Law Firm | May 11, 2022 | Special Needs Trusts
If you or a loved one has special needs, it can be challenging to find the right resources to live a quality life. Thankfully, special needs trusts (SNTs) can provide much-needed assistance to government benefits. As with any trust, there are rules about how you can...
by Durham Law Firm | Apr 27, 2022 | Special Needs Trusts
If you have a loved one with special needs, you know just how important it is to provide for them long into the future. One way to do this is by setting up a special needs trust. However, special needs trust rules in North Carolina can be tricky, so it's essential to...
