The IRS recently introduced two new tax credits to business owners who have been impacted by the Coronavirus pandemic. Many of our clients are small business owners who may be eligible for these tax credits so we thought we'd share the quick version of what these tax credits may mean for you.
Delaware law requires that Delaware corporations be declared void for failure to fully complete the annual report. As a result, all Delaware domestic corporations are required to file an Annual Report and pay any taxes and fees due electronically on or before March 1st.
Every Delaware domestic corporation received notification by letter, which included instructions for electronic filing of the...
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.