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Home Blog Archive: 2023

The content here keeps you informed about the latest industry news and provides insight into frequently asked questions.

New York Design Professional Corporation (D.P.C.)

New York law permits certain licensed professionals to form a professional corporation (PC), referred to by the New York statute as a professional service corporation, to shield the personal assets of shareholders from liability f...

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Listen Up! Removing the “noise words” when conducting UCC searches.

In 2015, the International Association of Commercial Administrators (IACA) released the revised Model Administrative Rules, which include a specific section frequently referred to as “standard search logic.” One standard se...

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Distinctions between a Member-Managed LLC and a Manager-Managed LLC

An LLC can be either a member-managed LLC or a manager-managed LLC. In most states, an LLC is member-managed unless it is designated as a manager-managed LLC within its Articles of Organization and/or Operating Agreement/Limited L...

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The Assumed Par Value Capital Method (APV Method): Decreasing Your Delaware Franchise Tax by using the Alternative Tax Method

All Delaware domestic stock corporations as well as for-profit non-stock corporations that do meet the requirements with the Exempt Corporation requirements are required to file an Annual Report and pay an Annual Franchise Tax. Th...

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