Blog

Reminder: Delaware LLC Annual Report Filing Deadline is June 1

May 24, 2013

Just a friendly reminder to all the Delaware LLCs out there that June 1st is an important date.  It is the annual reporting deadline for Delaware LLCs and to keep your company in good standing you’ will want to ensure that you are prepared for filing so that you are not hit with any late [...]

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Foreign Asset Reporting: You may need to file two forms

May 16, 2013

Do you know where your money is? If some of it is offshore, you might have tax reporting responsibilities – and those responsibilities generally go further than checking the familiar box on the Schedule B you submit with your federal income tax return. Here are two. 1. FBAR. Foreign bank account reporting has been required [...]

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3 Crucial Considerations To Help Tax Planning in a Divorce

May 9, 2013

Tax rules are daunting at the best of times – and they’re more so at the worst of times, such as during a divorce, when you may feel too stressed to face decisions involving your taxes and personal assets. Yet the choices you make will affect your future, both financially and personally. These 3 rules [...]

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Top 10 Ways to Win Using Pinterest for Business

April 24, 2013

Pinterest is a social bookmarking site that allows users to create a visual, online pinboard with images they love organized around topics of their choice by category. It’s the fastest growing social media site in history, the third-largest network after Facebook and Twitter and has over 25 million members and 10 million unique visitors a [...]

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10 Most Common Mistakes a Small Closely Held Corporate Owner Makes

April 3, 2013

The following list was compiled as the most common reasons the courts look to disregard the liability protection your entity provides. 1. Domination of the Corporation By One Shareholder 2. Failure to Maintain Corporate Records 3. Failure to Keep Separate Financial Records 4. Separation of Personal and Business Assets 5. Under Capitalization 6. Failure to [...]

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Why do I need a Registered Agent for my Corporation or LLC?

April 2, 2013

Exactly what is a registered agent? Each corporation is required to maintain a registered agent within the state in which they incorporated. The purpose of a registered agent is to serve as a physical location for someone to serve your company with legal service of process. So if your corporation were to be served with [...]

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“You would have to be brain dead not to start a business”

April 2, 2013

By: Sandy Botkin, CPA, ESQ. There is only  two ways to save on taxes…1.) don’t make any money or 2.) start your own business   For those of us who want to make money number one isn’t an option. Option two can be a scary step if you feel more secure working for somebody else. [...]

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