South Carolina business owners are getting creative—raising capital without a bank, rewarding key talent, and de-risking growth by sharing the load. One way to do that is to invite a new partner to “buy in” to[...]
If you’re a startup founder, creative professional, or entrepreneur in Charleston or anywhere in South Carolina, chances are you’ve been told to “get an NDA” before pitching your idea or sharing your business model. But just[...]
An LLC operating agreement is an agreement between the member or members of the LLC and the LLC entity. Under the South Carolina Limited Liability Company Act, the members of both single-member and multi-member LLCs are[...]
Coronavirus-related paid leave for workers and tax credits for small and midsize businesses The US Treasury Department, IRS and Department of Labor issued a joint announcement that small and midsize employers can take advantage of two[...]
Keeping American Workers Paid and Employed Act The Keeping American Workers Paid and Employed Act is Division A of the Coronavirus Aid, Relief, and Economic Security Act (CARES ACT). The CARES Act is 880 pages long,[...]
The Charleston Emergency Stay At Home Ordinance is cited below in full. If you or your business needs any assistance during this outbreak, please contact our law office. Emergency Ordinance On Stay At Home Section 1.[...]
SBA’s Disaster Declaration Makes Loans Available Due to the Coronavirus (COVID-19) The U.S. Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial[...]
We hope that you and your family are safe and healthy. As economic losses continue from the coronavirus pandemic, South Carolina and the federal government have made important changes aimed at providing some financial relief. Here[...]
On March 18, 2020, the Senate passed the Families First Coronavirus Response Act, which President Trump signed last night and will become effective April 2, 2020. The below is a general summary and is not intended[...]
IRS extends tax filing deadline to July 15 as coronavirus spreads, Mnuchin says More relief for individuals and small businesses. Key Points - The Internal Revenue Services moved the national income tax filing day ahead to[...]
