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Annual Delaware LLC taxes for the prior year are due on or before June 1st. Failure to pay the required annual taxes by the due date will result in a penalty of $200.00 plus 1.5% interest per month on tax and penalty, and non-payment could also result in loss of the entity charter.

Every Delaware LLC received...

The IRS recently announced that beginning May 13, 2019, there will be new requirements for obtaining an EIN (Employer Identification Number) for an entity.

Previously, individuals were permitted to use an EIN from an existing entity to acquire an EIN for a new entity. The original entity was therefore considered the "responsible party".

Beginning May 13th, the individual responsible for...