FRAUD ALERT: Watch out for Misleading Corporate Filing and Renewal Solicitations – UPDATE
December 30, 2009
Regular readers of our blog may recall that several weeks ago we posted an item about misleading solicitations being sent to California small businesses. These official-looking notices demand exorbitant fees for the filing of annual statements or the drafting of corporate minutes and threaten loss of corporate status for failure to comply.
The Secretary of State’s office has issued a new Customer Alert to inform the public that the scope…READ MORE
Delaware Franchise Tax Time is Almost Upon Us!
December 15, 2009
While everyone is in the midst of the holiday chaos, we’d like to throw out a friendly reminder that Delaware annual reports and annual franchise taxes for corporations are due on 3/1/2010 for 2009.
ALL corporations incorporated in the State of Delaware are required to file an annual report, and all but exempt domestic corporations are required to pay taxes. The annual report filing has been raised to $50.00 this year, with minimum tax…READ MORE
Mitigate Risk with Comprehensive Due Diligence
December 03, 2009
Given the uncertainty of today’s economy, businesses across the nation are looking for meaningful ways to reduce spending. Lenders however, should be cautious where they make cuts and think twice before cutting too deeply from their due diligence budgets. Now more than ever, lenders need to have a clear picture of a prospect’s financial solvency before making their funding decision.
It is advisable to let your legal and risk management…READ MORE