Under most circumstances, changing your business name will not require a new EIN, but you will typically have to notify the IRS. There are two main ways to so... Continue Reading
Posted In: Business Strategies
Par value is the lowest limit set to the value of a share of stock in a corporation. Shares can be sold for more than par value, but not less.... Continue Reading
Posted In: About Corporations
The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic.... Continue Reading
Posted In: About Corporations
When closing a business, there is much to consider. On a federal level, a business must file an annual return the year it goes out of business.... Continue Reading
Posted In: Compliance
Now that you've formed a corporation, you may wonder about authorizing shares for your Delaware corporation. How many shares do you need and at what "par value?"... Continue Reading
Posted In: About Corporations
To convert your C-corp to an LLC, file a conversion with your state & then notify the IRS. You can also convert an LLC to S-corp tax status.... Continue Reading
Posted In: About Corporations
The Hague Conference on Private International Law has had a major influence on the international legal community.... Continue Reading
Posted In: Compliance
Whether forming a corporation or an LLC, most entrepreneurs look for a way to separate themselves from the debts and liabilities of their businesses.... Continue Reading
Posted In: About LLCs
When it comes to gossip in the corporate legal community, the Delaware Court of Chancery has made for interesting water-cooler conversation lately.... Continue Reading
Posted In: The Delaware Advantage