Posted by Devin Scott

Sports News: LA Dodgers File for Bankruptcy in Delaware Court

The Los Angeles Dodgers LLC, a company formed in Delaware in 2003 has recently filed for bankruptcy.  The LA Dodgers were obtained by Frank McCourt in 2004 for $430 million.  McCourt’s family has been associated with a lot of real estate and construction in the Boston area.  Before buying the Los Angeles Dodgers, McCourt made [...]

Posted by Devin Scott on Wednesday, October 19th, 2011
Posted in Delaware
Tags: Delaware

Delaware Companies Shine

An initial public offering, or IPO, is when a company first offers the sale of its stock to the public.  Doing an IPO is often called “going public”.  In 2010, 76% of all U.S. IPOs were by companies incorporated in Delaware.  This says a lot about the Delaware Division of Corporations and the strength of [...]

Posted by Devin Scott on Monday, October 3rd, 2011
Posted in Delaware, INC Knowledge
Tags: Delaware, INC Knowledge

Other Agent’s Annual Fees

A couple of months ago I wrote a blog entitled, “How Much You Are Paying For Registered Agent Service?” It spoke about how some companies overcharge their clients for registered agent service.  It explained how other companies bait you in with one price, and raise the fees on you each year.  It explained how Harvard [...]

Posted by Devin Scott on Tuesday, August 2nd, 2011
Posted in Delaware, Registered Agent
Tags: Delaware, Registered Agent

101: Who Needs Mail Forwarding?

We often get clients who ask, why would I need the mail forwarding service?  Our mail forwarding service allows you to use your company name with our mailing address in order for us to receive your mail here at our address and resend it on to the address that we have for you.  We also [...]

Posted by Devin Scott on Wednesday, June 22nd, 2011
Posted in 101
Tags: 101, Mail Forwarding

Q&A on The Corporate/Company Seal

When talking to clients we often get asked: Is the company or corporate “seal” required? and What is it’s main function? The corporate seal is a tool used to stamp or emboss your important documents to show that the document is certified by and agreed upon by the Board of Directors of the company.  The seal [...]

Posted by Devin Scott on Monday, May 23rd, 2011
Posted in General Corporation, Limited Liability Company, Q&A
Tags: General Corporation, Limited Liability Company, Q&A, The Company Seal, The Corporate Seal

101: Using “School” or “College” in Your Company Name

In forming companies every day, we sometimes get clients who are starting some type of school or educational institution. If you would like to use the word school or college in your company name, there are some additional requirements. Typically, we will check a company name for our client in about 5 seconds, and then [...]

Posted by Devin Scott on Wednesday, April 27th, 2011
Posted in 101, Delaware
Tags: 101, College, Delaware, School

Q & A: How Much You Are Paying For Registered Agent Service?

In assisting clients with changing their registered agent service to Harvard Business Services, we sometimes hear stories about what our competitors are charging.  I recently had a business owner say that he has been paying a registered agent payment of $250/year for at least 3 years now and has not known about it.  It seems [...]

Posted by Devin Scott on Wednesday, March 30th, 2011
Posted in Change of Agent, Registered Agent
Tags: Change of Registered Agent, Registered Agent

101: What is a Resale Certificate?

We often get this question.  “What is a resale certificate… and, do I need one?” The purpose of a resale certificate is to allow you to buy goods through your business without paying local sales tax.  When doing this, it is your responsibility to collect the tax from the customer when you sell the item.  [...]

Posted by Devin Scott on Tuesday, March 15th, 2011
Posted in 101
Tags: 101, Resale Certificate

Some Taxpayers will have to wait to File

Tax law changes enacted by Congress and signed by the President in December will mean that the IRS will need time to reprogram their processing systems, and will not be able to process certain filings until then.   This is an update that will affect many taxpayers.  According to the IRS website, these are the taxpayers [...]

Posted by Devin Scott on Thursday, February 24th, 2011
Posted in Articles of Interest
Tags: Articles of Interest, Taxes

Form an LLC First, Then Apply for Your Federal Firearms License

We are noticing a new business trend that many clients are taking advantage of. First, they form an LLC and THEN they apply for their FFL (Federal Firearms License) with the ATF. This generally allows you to operate a home business or store in the business of servicing, manufacturing, importing, and selling of firearms.  This [...]

Posted by Devin Scott on Tuesday, February 22nd, 2011
Posted in Limited Liability Company
Tags: Limited Liability Company



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