Incorporate

Most businesses end up cutting into profits simply by not taking advantage of the rules the IRS has laid out for them. The most susceptible to this common downfall is the sole proprietor or single-member LLC. It’s possible to save on single member LLC taxes—you just need to know the right steps to take. What is […]

Delaware statutory representation is an important part of owning a Delaware corporation or LLC. Here’s what it is, and how IncNow can help.

Delaware Has a Favorable Legal Climate for LLCs Outside of state legislature, the fair legal climate is nurtured in Delaware courts that attract businesses with predictability and well-reasoned decisions. There is a good explanation why in eight separate studies conducted by the US Chamber of Commerce, Delaware has been ranked #1 in state legal systems. […]

  What Is a Shotgun Buyout? This first example of a buyout clause in an LLC Agreement can go by a few different names—“Texas Shootout”, “Russian Roulette”, or “Shotgun”. We will refer to this as a “Shotgun” buyout clause. In a Shotgun buyout, Owner #1 offers to buy all of the interests of Owner #2 […]

Delaware LLC vs. Corporation In Delaware both LLCs and corporations offer their owners limited liability. A business operating as an unincorporated sole proprietorship or general partnership exposes its owners to unlimited liability. Both an LLC and corporation may be a single-person entity. The fee structure is similar in cost, depending on the corporation’s size, amount of stock […]

Blockchain: A better way Blockchain allows companies to conduct transactions quickly, securely and dependably. It will change transaction activity the way the Internet changed commerce, revolutionizing the way business is conducted. How? Currently, most digital assets are kept on servers or “in the cloud” on a server network. This solution poses two problems: It is […]