What Is a Non-Stock Corporation?
Tuesday, May 21, 2024
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
How to Change Your Business Name with the IRS
Monday, August 21, 2023
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: How Low Can You Go?
Monday, October 3, 2022
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
An EIN Number Lasts Forever…and Ever…and Ever
Tuesday, September 7, 2021
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
Authorizing Shares for Your Delaware Corporation
Tuesday, November 13, 2018
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
How to Convert a C Corporation to an LLC
Tuesday, January 13, 2015
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
What is The Hague and The Apostille de La Haye?
Wednesday, October 28, 2009
The Hague Conference on Private International Law has had a major influence on the international legal community.... Continue Reading
Posted In: Compliance
How Thin Is Your Corporate Veil?
Tuesday, September 15, 2009
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
Delaware Court of Chancery Creating a Buzz
Tuesday, June 23, 2009
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