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The Hidden Traps of Restructuring from S-Corp to C-Corp for 1202 QSBS

The Hidden Traps of Restructuring from S-Corp to C-Corp for 1202 QSBS

Mar 27, 2026 | Business Insights, Highlights

When you restructure into a C corporation for qualified small business stock (QSBS) treatment but miss even one of Section 1202’s technical requirements, the IRS can deny the exclusion entirely—even if the business itself is an ideal candidate. The central risk in...
No Severance, No Noncompete: Virginia’s Legislature Raises the Stakes Yet Again

No Severance, No Noncompete: Virginia’s Legislature Raises the Stakes Yet Again

Mar 17, 2026 | Employment Law, Highlights

Virginia’s steady march away from employer-friendly noncompete law continues. What began in 2020 as a targeted prohibition on noncompetes for “low-wage” workers has now expanded into a far broader restriction that reaches employees at every level of the organization....
Not All Business Groups Are Alike: Understanding Chambers, BIDs, and Business Alliances in Virginia

Not All Business Groups Are Alike: Understanding Chambers, BIDs, and Business Alliances in Virginia

Mar 16, 2026 | Business Insights, Highlights

Like other states, Virginia’s business landscape is supported by a network of organizations that often sound similar but may serve very different purposes. Chambers of commerce, business improvement districts (BIDs), and business alliances all work to strengthen the...
Employee Ownership Gains Federal Momentum: What the DOL’s Latest Report Means for Business Owners

Employee Ownership Gains Federal Momentum: What the DOL’s Latest Report Means for Business Owners

Mar 12, 2026 | Business Insights, Highlights

The U.S. Department of Labor recently released a report to Congress highlighting continued growth in employee ownership and outlining a new federal initiative aimed at expanding worker ownership opportunities. Business owners, private companies, and boards evaluating...
Déjà Vu All Over Again: The DOL’s New Take on Independent Contractors

Déjà Vu All Over Again: The DOL’s New Take on Independent Contractors

Mar 12, 2026 | Employment Law, Highlights

Few questions in U.S. employment law have proven as persistent or as disruptive for businesses—as determining whether a worker is an “employee” or an “independent contractor.” Since the Fair Labor Standards Act (FLSA) was enacted in 1938, employers have struggled with...
You Are Responsible for Your AI: What Employers Need to Know About EEOC Scrutiny of Hiring and Promotion Algorithms

You Are Responsible for Your AI: What Employers Need to Know About EEOC Scrutiny of Hiring and Promotion Algorithms

Mar 9, 2026 | Employment Law, Highlights

Artificial intelligence is now embedded in modern hiring, applicant screening, employee promotion, and performance evaluation systems. From resume scanners to video interview analytics and automated promotion recommendations, algorithmic decision tools are becoming...
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