Business


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Entrepreneurship After Employment

For those who may not know my background, before I joined Richard here at Law Plus Plus, I worked at an e-discovery firm in Charlotte. Officially, I was an employee of another firm who sent me to various projects, on a project-by-project basis, like an independent contractor. As many do, I got tired of this […]


Difference Between DBA and LLC

I’ve received this question many times: What is the difference between filing a “Doing Business As” (DBA) and filing for an LLC besides the fact that the DBA is cheaper? Long story short: Everything, but let’s start by examining what these two things are. DBA You may have heard DBAs referred to as a “Doing Business […]

Q&A: Difference Between DBA and LLC

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Difference – Nonstatutory and Statutory Stock Options

Earlier, we talked about stock options. Now, we’re going to delve deeper into Nonstatutory (Nonqualified) and Statutory Stock Options. The differences between the two are fairly clear, and generally the statutory stock options are preferred for beneficial tax treatment, if the options qualify.   Statutory Stock Options Unless they qualify as statutory stock options, also […]


IRS Conflict of Interest Policy

If you’re applying for a tax exempt recognition through the Internal Revenue Service (IRS) such as a 501(c)(3) or similar type of recognition, you will be required to include a conflict of interest policy in your governing documents. Fortunately, the IRS has provided significant guidance on what needs to be included, as well as providing a […]

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Money with Up Arrow: Corporation Shares

What Needs to be Included in my Corporation Formation?

To form your company, you will need to file the ‘Articles’ with the entity tasked with forming companies in your state. Each state is different, but in North Carolina, this is the Department of the Secretary of State. You can find a template for the Articles on the Secretary of State’s website here to complete your […]


What Needs to be Included in my LLC Formation?

To form your company, you will need to file the ‘Articles’ with the entity tasked with forming companies in your state. Each state is different, but in North Carolina, this is the Department of the Secretary of State. Fortunately, the NC Secretary of State’s website includes Article templates that you can print and complete in […]