Business Strategies

Learn how to incorporate your Delaware business as well as tips, suggestions and smart business ideas for you to utlize before and after incorporating a company in Delaware.

March 1: Important Deadline for Delaware Corporations By Amy Fountain Tuesday, February 22, 2022 If you have a corporation – not a Limited Liability Company (LLC) or Limited Partnership (LP) – incorporated in the state of Delaware, then March 1 is the deadline for filing and paying the annual Franchise Tax... Read More
Filing S-Corp Status on a New Delaware Corporation By Brett Melson Tuesday, January 11, 2022 filing a delaware corporation as an s-corpThe 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... Read More
Resources for International Entrepreneurs By Justin Damiani Monday, January 3, 2022 International EntrepreneursIn this article, find a link to a comprehensive Entrepreneurship guide for non-U.S. residents and immigrants, as well as descriptions and links to organizations whose missions are to support non-US residents and immigrants... Read More
Virtual Payment Providers: Keeping Personal Accounts Away From Your Business By Jeff Winslow Monday, December 27, 2021 Payment AppsIf you are a business owner, avoid the common mistake of linking your business transactions to a personal virtual payment provider like a Venmo or CashApp account. Keep your business legally and financially separate from you by forming a Delaware LLC, and then make sure to accept your business’ virtual payments only through a business account... Read More
Your Effective Date Affects Your Franchise Tax By Andrew Millman Tuesday, November 2, 2021 The State of Delaware is now accepting future effective dates for Incorporating your business. Learn more on how you can request a future Effective date in 2022 to save on the annual Delaware Franchise Tax... Read More
6 Questions to Ask Before Joining a Board of Directors By Brett Melson Monday, October 4, 2021 questions to ask before joining a board of directorsServing on a corporate Board of Directors is not easy and there are questions a person who is asked to serve as a Director should consider before committing to the position... Read More
How to Change Your Business Name with the IRS By Paul Sponaugle Tuesday, September 28, 2021 How to Change Your Business Name with the IRSUnder 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.. Read More
Stock Amendments in a Delaware Corporation By Amy Fountain Tuesday, August 10, 2021 stock amendmentsRegardless of the reason you may need to amend your company stock, if you own a Delaware company, you possess the ability to quickly and easily make changes to your business entity’s charter in order to meet your needs... Read More
EIN Confirmation Letter By Brett Melson Tuesday, August 3, 2021 EIN Confirmation LetterIf 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... Read More
Change Your Company Name: Certificate of Amendment By Brett Melson Tuesday, June 22, 2021 Change Your Company NameLearn how to easily change a company’s name. We'll help you file a Certificate of Amendment, which alters your company name quickly and painlessly with the state... Read More