Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

California SB 2 Real Estate Transaction Fee Hike An Attempt To Fund Affordable Housing Development

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California Senate Bill 2 was was enrolled and presented to Governor Jerry Brown on September 21, 2017. As it awaits his decision to sign or not, and he has indicated he will sign it along with other legislation designed to address the affordable housing crisis in California, what is it and why is it important? If signed, California SB 2 will put into effect a $75 fee on real estate transaction documents when they are filed, capped at… >> READ MORE


What’s Your Escrow Super Power?

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That’s this year’s theme for the California Escrow Association Annual Conference when it convenes this weekend 10/12-10/14 at the Costa Mesa Hilton. First Corporate Solutions is proud to be there again with escrow officers from across the state! Thursday’s main event is the Mark Coniglio Memorial Golf Tournament, always a wonderful kickoff to the weekend’s festivities, followed up by packed Friday and Saturday schedules, and culminating… >> READ MORE


The True Value of Customer Service in the UCC Industry

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Want to talk to a live person…need to talk to a live person? How many are you required to speak with, and repeat your story, before you finally get want you want and need (hopefully)? Perhaps you can login to a website and hunt answers to your questions, utilizing help desks and live chats, very useful depending on the issues’ complexities, or lack thereof. But even for login credential relationships, true Customer Service can… >> READ MORE


FCS Coordinates Meeting With LA County Tax Collector And Bulk Sale Escrow Officers

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First Corporate Solutions recently coordinated and led a meeting with the Los Angeles County Tax Collector and bulk sale escrow officers helping to represent LA county. We batted around good solutions to a few key issues, and are now discussing implementations. Here are a few of the primary takeaways. Issue: Lag time and lack of return of the tax releases Solution: The tax collector will create a standalone email address for tax clearance… >> READ MORE


Local Muralist Adds Fresh Look to FCS Corporate Office

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At First Corporate Solutions one of our guiding principles is to cultivate an environment that encourages ideas and questions the status quo. As part of that mission we are excited to announce the commissioned mural by local artist Jake Castro on the exterior of our corporate office in Sacramento. Having earned a BFA from the Art Institute of Chicago and 14+ years of experience, Castro’s work is a mix of kinetics and geometry that highlights… >> READ MORE


Thanksgiving State Filing Office Closures

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The following state filing offices will be closed for the holiday. Wednesday, November 21st Texas Virginia Thursday, November 22nd All U.S. jurisdictions and First Corporate Solutions will be closed. Friday, November 23rd The following states and First Corporate Solutions will be closed: Colorado California Delaware Florida Georgia Illinois Indiana Iowa Kansas Kentucky Maine Maryland Michigan Minnesota Nebraska Nevada New… >> READ MORE


‘Tis the Season of Giving

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President Samuel Hon, CFO Rich Ahrens, CEO David Silverburg, and Operations Manager CJ Hay with gifts donated to WEAVE this holiday season.  We express our heartfelt gratitude and appreciation for your contributions to our success this past year. In keeping with our commitment to give to those in our community, First Corporate Solutions has donated to the Camp Fire Victims who lost their homes in the recent fires that… >> READ MORE


New Secretary of State Tools Encourage California Entrepreneurs

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bizfile California, an online business entity document filing and search platform run by the Secretary of State (SOS), has expanded a lot over the past year. Most notably, it now allows online filing of trademarks, service marks, and Limited Liability Companies (LLCs) formations. Holding true to their commitment to entrepreneurs, the SOS most recently released the ability to terminate LLCs online. CLICK HERE to access the new LLC… >> READ MORE


Legislation Effective January 1st, 2019

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For any questions please contact your account manager or call 800.406.1577. Alabama - HB72 Revises the Alabama Partnership Act by specifying the procedures for formation, powers, governance, and dissolution available to LLLPs, LLPs, foreign LLLPs, and foreign LLPs that conduct business in the state. California - SB920 Extends the authorization for persons licensed to engage in the practice of engineering, land… >> READ MORE


Delaware Corporations: Franchise Taxes & Annual Reports due March 1st, 2019

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For-profit and nonprofit corporations in Delaware should be on the lookout for notices from the Delaware Division of Corporations for franchise taxes and annual reports due for the 2018 tax year.  Not receiving this notice does not exempt you from filing and paying by the due date. Following the 2017 amendments to Title 8 Section 503 many corporations have been left with questions.  We’ve assembled a list of facts to consider during… >> READ MORE