tax help - why choose delaware as your corporate home? - should you write a long-copy ad or keep it short?

Tax help > Why Choose Delaware as Your Corporate Home?

Why Choose Delaware as Your Corporate Home?

by: Jay Stockman

What state Incorporates more than a half-million business entities, including more than half of the Fortune 500 companies? New York? California? Illinois? No. No. No. That state is Delaware. With a population smaller than 88% of all states, this business-friendly state attracts more corporations than any of the major cities. Businesses choose Delaware simply because of their flexible corporate laws, highly respected Court of Chancery, a business-friendly State Government, and a customer service oriented Staff of the Delaware Division of Corporations.

Among the many business-friendly laws, Delaware does not require corporations to operate in the state, only to maintain a registered agent, who may be an individual resident, or an existing domestic corporation. Additionally, incorporations typically take 24 hours to process, however there are services that allow same day, and 2 hour filing. There is no corporate income tax for corporations incorporated in Delaware, but not transacting business in the state. Further, the cost to incorporate is one of the lowest in the country, and one person can hold all officer positions of the corporation. Officer names are not required to be listed in the articles of incorporation. Shares of stock owned by persons outside of Delaware are not subject to Delaware taxes.

Delaware maintains a separate corporate court system, called the Delaware Court of Chancery, that does not use juries, but only uses judges appointed for their expertise in corporate law. The Delaware Court of Chancery is a 210-year-old business court that has written most of the modern U.S. corporation case law. It is widely recognized as the nation's most distinguished agency for dispute resolution involving corporate litigation. The state legislature takes seriously its role in keeping the corporation statute, and other business laws current. Their unique expertise in, and exposure to issues of business law are supreme. Currently the Court of Chancery has made docket information, and pleadings available over the Internet for civil actions filed in the Court.

Delaware's State Government is business-friendly and accessible. The Division of Corporation is in the forefront of efficiency, and their professional staff provides prompt, friendly services to clients, attorneys, registered agents and others. The office of the Secretary of State operates more like a business rather than a government bureaucracy with its leading edge technology, and customer-service oriented staff.

Delaware may make sense for large corporations, however it may not be worth the effort for small, privately held corporation who do business in their home state. Although Delaware does not tax out of state businesses, taxes must be paid in the state the business is operating. While incorporating fees are lowest in Delaware, appointing a corporate agent to receive official notices in Delaware may negate any realized costs savings. All factors considered, Delaware is a premiere legal home to companies all around the world.

About The Author

Jay B Stockman is a contributing editor for Online Small Business Consulting Visit http://small-business-usa.com/ for more information.

Hurricane Katrina ? Businesses Can Claim Casualty Tax Losses

by: Richard A. Chapo

Hurricane Katrina has left a wide and long path of destruction. Besides the human toll, businesses on the Gulf Coast have taken a beating. If yours is one, here is how you can write off casualty losses on your taxes.

Casualty Losses ? Katrina

If your business suffered losses because of Hurricane Katrina, you can at least write-off much of the loss. In doing so, you may be able to get a refund of taxes paid earlier in the year.

Tax law allows businesses to write-off business property that is damaged or destroyed because of a storm. To claim the deduction, you must show the following:

1. A specific casualty occurred and when it occurred,

2. The casualty was the direct cause of Katrina, and

3. You are the owner of the property.

In the case of Katrina, this shouldn?t be difficult to do. Take pictures of anything that is...

Hurricane Katrina ? Businesses Can Claim Casualty Tax Losses

Tax help > Hurricane Katrina ? Businesses Can Claim Casualty Tax Losses

Compromising With The IRS

Compromising With The IRS

by: Frank Hague

Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent themselves. They hire sub-par representation and now are in MORE need of help than ever before.

These are the kind of services a Tax Attorney can provide: Offer in Compromise Cases, Penalty Abatement Petitions, Full Audit Representations Business Strategy Sessions. Preparation and Filing of Tax Returns.

Settle taxes for Pennies on the Dollar owed, Stop IRS wage and bank levies (garnishments), Have property liens lifted, get affordable installment agreements, File bankruptcy against the IRS, Have penalties and interest forgiven, Reduce taxes by running out the IRS' time to collect.

Offer in Compromise: Settle your taxes for Pennies on the Dollar owed Professional law offices can help...

Compromising With The IRS

Tax help > Compromising With The IRS

3 Easy Steps To Donate a Car and Get a Deduction

3 Easy Steps To Donate a Car and Get a Deduction

by: Brandon Hopkins

At one time or another it will happen to just about everyone.
You will get your W-2's from your employer, and sure enough you made some money!

That is a good thing right?
Yes and no.
It is a good thing as long as you had the adequate amount of taxes deducted during the year, but what if you didn't?
What if you owe the government money on April 15th?

This can be a scary situation for most people, and can end up costing you dearly.
What do you do if you owe the government more money than you have?

Find a deduction!
If you have an old car sitting around or one that isn't running, they will work perfectly.
Maybe you even have a car you've thought about trading in, that will work as well.

Here are 3 easy steps to an income tax deduction by donating a car (or other vehicle).

1. Do your homework.

There...

3 Easy Steps To Donate a Car and Get a Deduction

Tax help > 3 Easy Steps To Donate a Car and Get a Deduction

The Person With The Most Money Wins!

The Person With The Most Money Wins!

by: John Michael

The person with the most money wins! This phrase has been used repeatedly but not by the wealthy but by the poor "The have not's".

Money is not the only or even the most important thing in life.

You number one goals should be when it comes to life is:

Good health
Take care of Family
Ability to enjoy life
Happiness both for yourself and others around you

The above should be at the top of the list of any goal you have. However, wealth does make substantial improvements to each of the four areas of life listed above.

More money can mean better:

Health Care
Relaxing Vacations and Adventures
Education for your children or yourself
Better home than you have now

Best of all it can reduce stress from not having to worry about money!

Many of us have problems in life...

The Person With The Most Money Wins!

Tax help > The Person With The Most Money Wins!

Why Choose Delaware as Your Corporate Home?

by: Jay Stockman

Why Choose Delaware as Your Corporate Home?

Tax help > Why Choose Delaware as Your Corporate Home?

Business Entities ? A Quick Guide

by: Richard A. Chapo

Business entities comes in so many types that business owners can easily get confused. Here?s a quick guide that will hopefully shed a little light on business entities for you.

Business Entities

"C" Corporation: A corporation whose shares are held by shareholders. The entity stands apart from the shareholders for legal and tax purposes. The shares of the corporation may be ?taken public? and traded on stock markets. Google is an example of a publicly traded ?C? corporation.

Foreign Corporation: A corporation doing business in a jurisdiction beyond where it was formed. Microsoft is a Washington corporation. When it does business in New York, it is considered a ?foreign corporation.?

General Partnership: A business effort involving two or more people, known as partners. Each partner is liable for all partnership debts and obligations regardless participation and contribution...

Business Entities ? A Quick Guide

Tax help > Business Entities ? A Quick Guide

Should You Write A Long-Copy Ad Or Keep It Short?

by: Alex A. Kecskes

Okay, you?re ready to write the ad of a lifetime. The one that will pull like crazy and leave them begging for your product like Somalians for food. So, do you whet their appetite with a short and sweet ad? Or write a long-copy ad that?s stuffed with information?

The 80-20 rule says 80% of the people only read the headline (and maybe a caption, if you have one). But the fact is, readers...

Tax help dvd copy

Tax help > Should You Write A Long-Copy Ad Or Keep It Short?

3 Easy And Convenient Natural Skin Care Solutions

by: Jerrick Foo

Natural skin care solutions may seem hard to find, or too overwhelmingto decide which is best for your skin. You wander the aisles trying tofigure out which ones are a real skin care solution. You trycucumbers or tea bags over your eyes, and other recipes and advise fromfriends, but none of their skin care solutions are working for you. Noneed to fret!

Here are 3 easy solutions for you: ...

Tax help perfume 3 Easy And Convenient Natural Skin Care Solutions Why Choose Delaware as Your Corporate Home?

Tax help > 3 Easy And Convenient Natural Skin Care Solutions

Forex: Benefits of Trading the Forex Market

by: Raul Lopez

Trading the Forex market has become very popular in the last years. Why is it that traders around the world see the Forex market as an investment opportunity? We will try to answer this question in this article. Also we will discuss come differences between the Forex market, the stocks market and the futures market.

Some of the benefits of trading the Forex market are:

Superior liquidity....

Tax help Forex: Benefits of Trading the Forex Market forex

Tax help > Forex: Benefits of Trading the Forex Market

Dish Network: Super Digital Satellite TV Deals Now Available

by: John Richardson

With more than 250 channels, Dish Network is the fastest-growing digital satellite television provider in the country. Serving 12 million subscribers, the company offers the best customer service and the sharpest digital satellite television available. Dishnetwork brings discriminating TV viewers the widest variety of programming, including more interactive channels, more high definition...

Tax help hdtv Why Choose Delaware as Your Corporate Home?

Tax help > Dish Network: Super Digital Satellite TV Deals Now Available

Emu Oil For Anti Wrinkle !

by: Jasmine Yap

What is Emu Oil?

Emu oil was discovered by Aborigines many thousands of years ago as a skin moisturizer, antiseptic, and as an aid in the relief of sunburn, muscular aches and joint pain, as well as aiding in the healing of injuries. The emu oil is rendered from a thick layer of fat on the back yielding 5 - 7 liters of unsaturated, non-toxic, highly penetrating oil.

Over ten years of research done at Global...

Tax help

Tax help > Emu Oil For Anti Wrinkle !