 Nancy J. Wolf, MBA Managing Member |
 Vincent J. Creo Managing Member |
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Should independent contractors become an LLC
Whether an independent contractor should become an LLC (Limited Liability Company) depends on various factors, and it's essential to consider both the advantages and disadvantages. Here are some factors to consider: Advantages of forming an LLC: Limited Liability: One...
What is the difference between an LLC and a S Corporation
Both Limited Liability Companies (LLCs) and S Corporations are popular business structures in the United States, each with its own set of advantages and disadvantages. Here are some key differences between an LLC and an S Corporation: Taxation: LLC: By default, an LLC...
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...
Want to form a U.S. Corporation or LLC
Delaware is the number one destination for Corporations and Limited Liability Companies worldwide. The U.S. wants you to do business here, and you don't even have to come to the U.S. to form a Delaware Corporation or LLC to conduct business here or anywhere in the...
Five reasons why it is advantageous to incorporate or form an LLC in Delaware.
1. Privacy Delaware does not publicly disclose your name, home address or business address. Ownership is not public information. Delaware does not maintain a publicly searchable database for company management or ownership. 2. Tax Savings A Delaware LLC is virtually...
Starting a Business? Avoid Three Common Mistakes
According to the Small Business Administration, a third of small businesses fail within the first two years. Over half fail in the first five years. So, if you’re thinking about starting a small business, it pays to take an honest look at yourself, your business idea,...