Don't forget! Annual Reports for North Carolina LLC's and Corporations are due by April 15th of each year. We can help, or you can file your annual report at https://www.sosnc.gov/onli.../search/by_title/_Annual_Report. Beware! Lots of deceptive solicitations that...
Business Law
Act of God and Force Majeure: Legal Defenses to COVID-19 Pandemic?
Many contracts contain standard “Act of God” or “Force Majeure” provisions. What do these terms mean? Often people scoff at legal “boilerplate”. But will these provisions quietly become your savior in the COVID-19 Pandemic crisis? Let the lawyers at Maitland &...
Sole Proprietorships and General Partnerships: The “Original” Business Entities
Starting a business can be a very exciting time and it can also prove to be stressful as the task of procuring new clients and transitioning your idea into profits can take some time to come to fruition. However, there are initial steps that should be considered by...
Registered Agents, Your Personal Representative for your Business
When registering your business with the Secretary of State, you are required to identify a Registered Agent. The requirement for the registered agent is set out via NC General Statute and is as follows: Must be an individual who resides in this state and whose...
Operating Agreements, the Guiding Handbook for LLCs
Many business owners often times feel that the filing of the Articles of Organization is the final step to formalizing their business entity. There is the additional step that is suggested to formalize the rules that will govern the relationships between individuals...
Annual Reports: An Essential but Often Overlooked Business Filing
This time of year many individuals are focused on the April 15th deadline for the purpose of filing their individual and business income taxes. However, for registered corporations and limited liability companies, this date is representative of the Annual Report...
Hire Power
If you want to grow your business, sooner or later you’re going to have to get some help. But hiring can be tough. Sure, it’s nerve racking when you’re the one looking for a job. But surprisingly, it’s also intimidating when you’re on the other side of the desk,...
Working with Uncle Sam
It’s not as if Charlene Turczyn is outiftted in an Uncle Sam costume, hut her affinity for the federal government is undeniable: Her Springfield, Illinois-based firm, CMW and Associates, derives all of its revenues from Uncle Sam. The federal governemnt- the world’s...
2010 Changes to Corp-LLC
The helps many of our clients create new North Carolina business entities for business or investment ventures. It is important to choose the best entity, Corporation (S or C Corp.), Limited Liability Company (Member or Manager managed...