The Incorporators Ltd. will be closed on Monday, May 25th in observance of Memorial Day. Orders may still be placed through our website and orders will be processed on Tuesday.
We remember and deeply appreciate the sacrifice that many men and women of our armed forces have made. They are in our hearts always but this weekend especially.
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.
The Incorporators has recently learned of concerning reports of fraud related to the current Small Business Administration programs.
Since many of our clients will be utilizing the SBA programs during this turbulent time, we wanted to take a moment to go through some things to keep in mind as you navigate the application process.
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.
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...