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Thinking about starting a non-profit? Non-profits play a pivotal role in our economy and our communities. In fact, according to Urban Center's National Center for Charitable Statistics, the nonprofit sector contributed an estimated $985.4 billion to the US economy in 2015, composing 5.4 percent of the country's gross domestic product (GDP). [source]

In recent years, the non-profit...

One of the most common questions we receive from clients is, "How do I provide proof that my company exists?" It may seem like a simple question but it's one that causes confusion - and for good reason! The document proving the existence of your company may be called a variety of names dependin...

In light of the stay at home orders and social distancing, many businesses needs have changed.

Our conference rooms sit empty, replaced by little squares on a screen. Businesses with little online presence abruptly had to pivot to completely online. Tech teams had to jump to handle the need for website changes allowing curbside pickup. Fulfillment teams had to put...

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 tax credits fall into two categories...

Small businesses are the lifeblood of our business. We're with you from the very first step - forming your LLC or Corporation and we provide service to thousands of small businesses each year. We are proud to be a part of your story.

Our country is experiencing an unprecedented time of economic uncertainty and small businesses are often the most...

At some point in running and growing your business, you'll discover a task that is either outside of your skillset or simply would take you too much time to complete yourself while running your business. This is where you have the option to hire a freelancer to complete the task.

Today there are a number of trusted online marketplaces to...

Has the time come to close your corporation? Just as a legal filing was required to start your corporation, you must file a document with your state of jurisdiction to formally dissolve your entity and close your business.

Delaware assesses taxes on all active charters annually on January 1. Taxes and fees are not due until March for Delaware corporations...

There's no need to tell you that most businesses these days don't look like the brick and mortar stores of days gone by. There's more opportunity to make money in alternative and unconventional ways than ever before. It seems everyone's got a side hustle.

What many people don't realize is that they may already have the skills or expertise needed...

As we approach year-end we wanted to take a moment to go over the steps required to officially cancel your LLC with the state of Delaware.

Delaware assesses taxes on all active charters annually on January 1. While the tax and fees are not due until June for LLC’s (and March for Corporations), the fees are assessed and due...

One of the most common follow up questions we get from owners of recently formed entities is, how do I open a bank account for my business? What do I need?

The Incorporators does not open bank accounts on behalf of other entities but we can provide you with several of the documents you'll need to open a local or...

Keeping your corporation in good standing with the state of Delaware is a key element of managing your business. Plus, we've said it before - corporate compliance saves you time and money!

Today we're going to walk you through the three easy ways to keep your corporation in good standing. 

Make sure your registered agent always has your correct contact information.

What Does Subchapter S Election Mean?

Generally speaking, Subchapter S election means that for federal tax purposes the corporation does not exist.

A general C corporation that has "elected" S corporation status passes earnings and losses through the corporation and is reported on the owners' personal income tax return. This avoids the "double taxation" feature of general businesses and close...