Harry Jernigan CPA Attorney, P.C. handles a variety of corporate matters for clients- from incorporation to dissolution, and any issue that arises in between. Harry Jernigan’s 44+ years as a business owner have equipped him with the knowledge and experience necessary to advise and counsel businesses through both day-to-day operations and unexpected concerns that may develop throughout the life of their businesses.

Click through the phases of business ownership below:

The decision concerning whether or not to form a corporation is important for small business owners. Sometimes the costs of incorporation cannot be justified for a small business. For these businesses, other forms of existence are available, such as partnership, sole proprietorship, and limited liability corporations. If your business chooses to incorporate, you must decide what form it will take - 'C' corporation or 'S' corporation. An 'S' election is available under limited circumstances and avoids the problem of double taxation of earnings, as corporate earnings pass through to the shareholders that are taxed on the earnings.
After you have formed a corporation or started a business, your business must remain in compliance with state and federal laws in addition to running day-to-day business operations. Your business should have an attorney you can contact should you have questions about staying in compliance with laws or if situations arise in daily operations that may subject the business to liability.
Finally, when you are ready to cease involvement in the business, there are several options available. A sale of your business can be arranged, or the business can be dissolved and sold in parts. It is important for you to consider the consequences of whatever course of action you decide to take, including the tax effects of your decision.

Our business attorneys and accountants can assist you and your business with:

Business Start-ups & Expansion Assistance

Our attorneys provide clients with complete business incorporation, including a corporate book, seal and stock certificates, and corporate resolutions required to recognize your business as a distinct tax entity, including registration with the IRS, the state of Virginia, and the Virginia Employment Commission.

Choice of Entity

We help clients navigate between the different entity options available to them as they begin their businesses. We’ll help you determine which entity will be best for your particular situation:

  • Limited Liability Company (LLC)
  • Partnership
  • S Corporation
  • Proprietorship

Mergers, Acquisitions & Divestitures of Business

With your business startup behind you, the life of your business will contain many opportunities to grow, expand, and change direction. You may be presented with opportunities to acquire another company or merge with an existing company. You may also eventually consider options for dissolving or passing on your business to someone else. Our attorneys can help you understand the options and consequences of each important decision in life of your business.

Franchises

If you are interested in franchising, our attorneys have the ability to draft franchise agreements, perform franchise registration, and settle disputes involving franchises. Contracts and Agreements: We draft contracts needed for business operations, including employee contracts, non-compete agreements, purchase agreements, and lease agreements. We also negotiate terms of the purchasing or selling of a business.