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CT Secretary of State Experiencing Delays
Posted on August 14, 2014, by in Industry News.
8/14/2014 The Connecticut Secretary of State has been experiencing computer and copier issues. Clerks are unable to print copies, certified copies, and confirmations of filings.
The Secretary of State’s office is unsure when all systems will be running normal once … Read more
What to Do While Waiting for Your Determination Letter
Posted on August 13, 2014, by in Nonprofit Compliance.
You’ve applied for 501(c)(3) tax exemption, and are waiting for your IRS determination letter. What can you do while you wait for it?
Obtaining your IRS determination letter is a crucial step to starting your nonprofit. Unfortunately, this magical document, … Read more
C-Corp vs. S-Corp: Which Makes Sense for Your Business?
Posted on August 8, 2014, by in Business Compliance.
Today, I’ll be comparing the C-Corp vs. S-Corp tax classifications. You will have come across both of these terms as you structure your business, and it’s important to know the difference!
Before you read anything, understand this:
The first, … Read more
3 Ways to Save Money on Business Registration
Posted on August 4, 2014, by in Business Compliance.
Here at Harbor Compliance, we don’t believe in cutting corners.
Business registration with the state should always be done diligently, so that your business or nonprofit obtains limited liability protection, and maintains good standing with the state.
That being said, … Read more
LLC or S-Corp: Which Is Better for My Small Business?
Posted on July 31, 2014, by in Business Compliance.
Understanding the difference between an LLC or S-Corp can be challenging for a small business owner. Neither is “better,” but when deciding, always consider your organization’s resources, mission, and plan for growth.
If you take one point away from this article, let it be … Read more
Social Enterprise Ideas Advance to Final Round
Posted on July 30, 2014, by in Business Compliance.
One of our favorite types of businesses here at Harbor Compliance is the Social Enterprise. Social enterprises are for-profit businesses; however, their mission is to produce a measurable social or environmental benefit, rather than to maximize shareholder gains.
Our friends … Read more
Selecting a Business Structure as a “Solopreneur”
Posted on July 29, 2014, by in Business Compliance.
Selecting a business structure as a solopreneur is less complicated then you might think. While there are plenty of confusing terms out there, such as “liability protection” and “tax structures,” you really have one decision, that of sole proprietor vs. … Read more
Three Reasons Why A Rejected Filing Hurts Your Business
Posted on July 24, 2014, by in Business Compliance.
In life, getting rejected stinks.
When preparing your corporate documents, not filing timely or properly jeopardizes your “good standing.” Getting a filing rejected outright wastes your valuable time, and can even chalk up to a financial loss.
A rejection is not … Read more
Illinois Secretary of State Reopens After Fire
Posted on July 23, 2014, by in Industry News.
7/23/2014 – The Illinois Secretary of State is open once more, after a small fire shut down business filing services Tuesday.
If you’re registering in Illinois, expect a bit of a delay, but normal processing times should resume shortly.… Read more
Illinois Secretary of State Closed Due to Small Fire
Posted on July 22, 2014, by in Industry News.
7/22/2014 – The Illinois Secretary of State is closed today due to a small fire. Though the fire has been contained, the building is experiencing electrical issues and has no air conditioning.
As a result, the state is only able to … Read more
