The Dangers of a General Partnership

When two or more people agree to share profits and losses, a partnership has been formed. The business may have as many partners as agreed upon, with nothing more than a handshake or an oral agreement. In fact, state law provides that under such circumstances you have...

The Advantages of an S Corporation Election

S corporations have certain tax advantages that you might consider for your small business. An S corporation is a regular corporation that has opted for the IRS Small Business Election to have all income or loss passed down to the personal tax returns of its...

Forming Corporations in Delaware

The legal process for forming corporations can be complicated, so you should seek out professional services to help.  Advantage Delaware LLC has the experience and qualifications to help with starting a corporation.  Our team works personally with you to handle all...

Lucky Winner!

State officials in Augusta, Maine recently announced the winner of a $1.35 billion Mega Millions jackpot – the fourth largest in U.S. history – has come forward to collect the prize.  The winner had been a mystery, and remains a mystery. The Maine State Lottery said...

Opportunity for Accountants and Attorneys:

At Advantage Delaware we form Delaware Corporations and LLCs, provide Delaware Address Service (Virtual Office). Delaware is the Corporate Capital of the World.  Delaware entities are recognized worldwide and are in use in numerous countries.  Delaware entities are...