Business Insights

  The Twitter v. Musk Trial Timeline of Events: On April 26th, 2022, Elon Musk agreed to purchase Twitter, Inc. at $54.20 per share for a total price of $44 billion. On July 8th, 2022, Musk expressed his intent to back out of the deal over concerns about fake or spam accounts on Twitter’s platform. […]

  The United States Internal Revenue Service (IRS) utilizes several different types of identification numbers. You are probably most familiar with Social Security Numbers, which are issued to all US Citizens. You may be less familiar with Employer Identification Numbers and Individual Tax Identification Numbers. The IRS uses these different numbers to distinguish between individual […]

Is a Delaware Business License Required for a Delaware LLC? No, a Delaware business license will not be required for your Delaware LLC if you are not actually conducting business within Delaware’s borders. However, you may require a business license for the area in which you plan to do business. You will want to work […]

  If you’ve formed an LLC but haven’t done business this year, you may be wondering if you need to pay the Delaware franchise tax. Here’s what you need to know. What Is the Delaware Franchise Tax, Again? Franchise “Tax” is often misinterpreted to mean that the fee will be calculated based on profits or […]

People throw around the term ‘subsidiary’ in business. Google, for example, recently made headlines when it was announced that its parent company, Alphabet Inc., is breaking into subsidiaries. It’s understandable that you might not be exactly clear on what it means. Subsidiaries are important but often fail to get the attention they deserve. Business and […]

Delaware C corps are a popular choice for some companies due to their ability to attract investors. Startups in particular can benefit from a C corp tax designation, but it’s understandable to have questions about how, exactly, this works. Here’s what you need to know. How the Delaware C Corp Can Help Startups While every […]