Posted by Brett Melson
Changing Your Company Name Is Easier Than You Think! Tuesday, February 6, 2018

Have you thought about officially changing your company name? The process isn't as difficult as you might think. Here's how it works.... Continue Reading

Posted In: Business Strategies

What Is an LLC Operating Agreement? [with templates] Tuesday, January 30, 2018

The Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company.... Continue Reading

Posted In: About LLCs

Adding or Removing a Member of an LLC Monday, January 22, 2018

Below is a checklist for updating the appropriate government agencies and other important affiliates after the changes to ownership are completed.... Continue Reading

Posted In: Business Strategies

Introduction to Limited Partnerships Tuesday, January 9, 2018

A limited partnership is formed by filing a Certificate of Limited Partnership with the state of Delaware. A limited partnership is not required to file its governing document, the limited partnership agreement, with the state of Delaware.... Continue Reading

Posted In: Business Strategies

Change Your Company Name: Certificate of Amendment Tuesday, January 2, 2018

It’s easier than you think to change a company’s name. Just file a Certificate of Amendment, which alters your company name quickly and painlessly.... Continue Reading

Posted In: Business Strategies

Form a Delaware LLC Without Names on the Public Record Monday, December 25, 2017

Many people want to know how to file a Delaware LLC confidentially, and how to protect ownership if you file and decide not to list your member's names on your Certificate of Formation. In Delaware, the only document you are required to file in order to create an LLC is a Certificate of Formation.... Continue Reading

Posted In: About LLCs

How to Get an ITIN Number (or EIN Number) Monday, December 18, 2017

The term “ITIN” stands for Individual Tax Identification Number. Any person who needs a tax identification number but is not eligible to obtain a Social Security Number can apply for an ITIN. An ITIN is easy to identify, as it always begins with the number “9.”... Continue Reading

Posted In: Compliance

LLC Transfer of Interests [with templates] Monday, November 27, 2017

In Delaware, the LLC Operating Agreement spells out all conditions of future sales or transfers. Traditionally, the LLC Operating agreement is amended internally within the LLC only.... Continue Reading

Posted In: About LLCs

How to Add a Series to a Delaware Series LLC Monday, November 20, 2017

A Series LLC is a viable option for business owners who operate multiple types of businesses—they can form a separate LLC for each aspect of their business.... Continue Reading

Posted In: About LLCs

4 Things to Know about Corporate Bylaws [Free Template] Tuesday, October 24, 2017

Corprate bylaws provide the granular detail into how the corporation will operate and what its governance mechanics will be. They also describe the relationship among its Board of Directors, its officers and its shareholders.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

How Important is Corporate Indemnification? Monday, October 16, 2017

In a corporation, the scope of indemnification can vary, depending upon the terms of the corporation’s charter and bylaws, but only within certain parameters prescribed by the Delaware corporate law and judicial precedent.... Continue Reading

Posted In: About Corporations

How to Get a Tax ID Number for a Delaware LLC Tuesday, August 1, 2017

Once a Delaware LLC has its Certificate of Formation stamped and approved by the state of Delaware, the next step is to obtain a Federal Tax ID Number, also known as an EIN, from the IRS.... Continue Reading

Posted In: About LLCs

Filing S-Corp Status on a New Delaware Corporation Monday, July 17, 2017

The Subchapter S tax status, also known as an S corporation or S-Corp, is a very popular tax status for newly formed corporations. Subchapter S tax status allows for a unique taxation method whereby the profits and losses flow through the company to the shareholders.... Continue Reading

Posted In: Business Strategies

EIN Confirmation Letter Tuesday, June 20, 2017

If we obtained the EIN number on behalf of your company, feel free to request that the 147C letter be faxed to us at (302) 645-1280. Once the fax has been received, we will email the letter to you as a courtesy.... Continue Reading

Posted In: Business Strategies

I Can't Find My Employee Identification Number Tuesday, May 23, 2017

If you've lost your EIN, there are ways you can retrieve the number, such as the IRS, your bank or, if we obtained the EIN for you, call us.... Continue Reading

Posted In: Compliance