 Nancy J. Wolf, MBA Managing Member |
 Vincent J. Creo Managing Member |
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Why are Delaware entities recognized worldwide?
Delaware entities, such as limited liability companies (LLCs) and Corporations are widely recognized and popular for several reasons: Business-Friendly Laws: Delaware has a long history of having business-friendly laws and a well-established legal framework for...
The Corporate Transparency Act
The Corporate Transparency Act (CTA) was a piece of legislation enacted in the United States as part of the National Defense Authorization Act for Fiscal Year 2021. The primary purpose of the Corporate Transparency Act is to address issues related to money laundering,...
Why do I need a registered agent in Delaware to form an entity
Choosing a registered agent in Delaware when forming an entity, such as a corporation or LLC, is a requirement imposed by the state's regulations. The registered agent plays a crucial role in the legal and administrative aspects of your business. Here are some reasons...
What should an LLC be used for
A Limited Liability Company (LLC) is a popular business structure that provides a flexible and advantageous framework for various types of businesses. Here are some common uses and advantages of forming an LLC: Limited Liability Protection: Personal Asset Protection:...
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...