One of the reasons that many business owners choose to form their LLCs in Delaware is because of the business-friendly laws of the state. There areplenty of reasons to form your entity in Delawarebut the ease of adding or removing members may be a great benefit to companies just starting off or who anticipate ownership changes.
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]
When considering the transition from a sole proprietorship to an LLC, many business owners wonder, "What's the cost?" Businesses often have been operating as sole proprietorships for some time before deciding to form an LLC. Concerns about up-front and ongoing costs sometimes keep business owners from doing so.
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.
Last week the U.S. Small Business Administration opened applications for the Paycheck Protection Program (PPP), a portion of the Coronavirus Aid, Relief, and Economic Security Act (better known as the CARES Act).
The program authorizes up to $349 billion in forgivable loans to allow small businesses to maintain their payroll in the weeks and months to come.
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...