The rules for obtaining your EIN by phone have changed. As of January 2014 the IRS will no longer accept requests for EIN’s via telephone. If you do call they will refer you to the online application, which does act
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Beneficial Ownership Legislation Proposal
In March 2014 the White House announced a legislative proposal to help law enforcement investigate the use of shell companies that are set up to engage in illegal activity. The President’s proposal would require all companies formed in any state
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Maine Corporate Fraud Monitoring Service
The Maine Bureau of Corporations becomes just the second state agency in the nation to introduce an online Corporate Fraud Monitoring service. Maine business owners and registered agents now have the ability to automatically be notified of any filing completed
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Minnesota Public Benefit Corporations
Legislation will be offered enabling businesses to form as public benefit corporations which will have more flexible purposes with respect to excess revenues than business corporations which focus on shareholder profit. Currently, 25 states, including Delaware, allow such corporations. Senator
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Delaware Jurisdictional Update – Certificate of Validation
The Delaware Senate has passed legislation and the Governor has signed into law a new corporate filing called a Certificate of Validation. The Certificate of Validation will become effective April 1, 2014 and the cost for filing is $2,500. The
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Delaware Statute Update
Following please find several changes to Delaware law that became effective August 1, 2014. Currently Delaware statutes require each entity provide to its registered agent the name, business address and business telephone number of a person designated as the “communications
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Florida – Distinguishing Names
Changes in recent Florida legislation now allow the use of “Florida” or “of Florida” to make names distinguishable from existing entities. In the past, entities filing in the State of Florida were indistinguishable as determined by the state, when using the
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Florida Benefit Corporations
Legislation has been approved enabling businesses to form as benefit corporations. The Bill the bill took effect creating two new types of corporations – social purpose corporations and benefit corporations. There are now 27 states that have enacted legislation for
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