What to Do While Waiting for Your Determination Letter
You’ve applied for 501(c)(3) tax exemption, and are waiting for your IRS determination letter. What can you do while you wait for it?
Obtaining your IRS determination letter is a crucial step to starting your nonprofit. Unfortunately, this magical document, … Read more
LLC or S-Corp: Which Is Better for My Small Business?
Posted on
July 31, 2014, by James Gilmer in Business Compliance.
Understanding the difference between an LLC or S-Corp can be challenging for a small business owner. Neither is “better,” but when deciding, always consider your organization’s resources, mission, and plan for growth.
If you take one point away from this article, let it be … Read more
Selecting a Business Structure as a “Solopreneur”
Posted on
July 29, 2014, by James Gilmer in Business Compliance.
Selecting a business structure as a solopreneur is less complicated then you might think. While there are plenty of confusing terms out there, such as “liability protection” and “tax structures,” you really have one decision, that of sole proprietor vs. … Read more
Three Reasons Why A Rejected Filing Hurts Your Business
Posted on
July 24, 2014, by James Gilmer in Business Compliance.
In life, getting rejected stinks.
When preparing your corporate documents, not filing timely or properly jeopardizes your “good standing.” Getting a filing rejected outright wastes your valuable time, and can even chalk up to a financial loss.
A rejection is not … Read more
Illinois Secretary of State Closed Due to Small Fire
Posted on
July 22, 2014, by James Gilmer in Industry News.
7/22/2014 – The Illinois Secretary of State is closed today due to a small fire. Though the fire has been contained, the building is experiencing electrical issues and has no air conditioning.
As a result, the state is only able to … Read more
Breaking Up With Your Registered Agent
Posted on
July 14, 2014, by James Gilmer in Business Compliance.
You’ve seen the warning signs and red flags.
You pay to receive documents, a service you thought you had already paid for with your annual fee. You were supposed to receive an annual report notice, but didn’t, and now you are … Read more
Secretary Gessler Announces Colorado Fee Holiday for Business Formation
Secretary of State Scott Gessler announced a Colorado fee holiday, set to begin July 1, 2014. As a result, the fee for new business filings has been reduced from $50 to $1. The aim is to pass savings from a government surplus … Read more
How to Choose a Name and Logo for Your New Business
Posted on
October 28, 2013, by Megan Danz in Business Compliance.
When you are first starting your business, choosing a name and logo is one of the most exciting steps. This article will give you the background you need and the correct order of events in setting up your business name.… Read more
Client Spotlight: Marilyn Walker from Synergize!
Posted on
May 18, 2013, by Mike Montali in Business Compliance.
This week we have a special client spotlight on Marilyn Walker of Synergize!, a consulting company that helps other companies hire and retain better employees. Synergize! is located in Lancaster, PA and has built better teams of employees for … Read more
PA fictitious name registration
Posted on
March 26, 2013, by Mike Montali in Business Compliance.
In my previous post, I explained 5 insidious myths surrounding Pennsylvania fictitious names. My position is that fictitious names are rarely the best option for small businesses. In certain cases however, registering a PA fictitious name is justified. The … Read more