Illinois Secretary of State Closed Due to Small Fire
Posted on
July 22, 2014, by James Gilmer 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
When Should I Incorporate My Nonprofit?
As you plan your organization, you need to know when to incorporate the nonprofit. The decision has two factors: whether you should register as a nonprofit corporation in your state, and when, between concept and execution, to start with government paperwork. … Read more
UPDATE: New IRS Form 1023-EZ
On July 1, 2014, IRS Form 1023-EZ was released, give nonprofits a new way of applying for federal tax exemption under 501(c)(3).
At the time of the announcement, there was much uncertainty about the effectiveness and desired outcomes of this … Read more
The Hidden Cost of Business Ownership: Eternal Vigilance
Posted on
July 16, 2014, by James Gilmer in Business Compliance.
In the words of Thomas Jefferson, “eternal vigilance by the people is the price of liberty.”
In the world of small business, eternal vigilance has a more tangible value: keeping your business afloat and your information private.
New business owners … Read more
Breaking Up With Your Registered Agent
You’ve seen the warning signs and red flags.
You pay to receive documents, a service you thought you had already paid for with your annual fee. You were supposed to receive an annual report notice, but didn’t, and now you are … Read more
Indiana Releases New Business Registration Forms
The Indiana Secretary of State has released new business registration forms. If you’re registering a domestic or foreign entity in Indiana, you must use the new forms. The state fees have not changed.
The new forms are dated 2014, but … Read more
The Great Social Enterprise Pitch
Posted on
July 9, 2014, by James Gilmer in Business Compliance.
Here at Harbor Compliance, we love business ideas that are socially responsible, have a higher purpose, and support the local community.
We also have a bit of a competitive streak!
That’s why we’re excited to be an in-kind sponsor of … Read more
Should I Form My New Business in Delaware or Nevada?
Posted on
July 8, 2014, by James Gilmer in Business Compliance.
The inspiration for this post comes from the frequent inquiries we get about starting a business in Delaware or Nevada.
I want to explore why Delaware and Nevada are popular choices for formation, and why those states might not be … Read more
New 1023-EZ Form: the Good, the Bad, and the Ugly
If you are or will be filing for 501(c)(3) tax exemption, heads up!
On July 1, the IRS released the much anticipated and hotly debated Form 1023-EZ, which simplifies the process of obtaining 501(c)(3) tax exemption.
The form is three … Read more
New State Forms for New York Nonprofits
On July 1, 2014, the New York Nonprofit Revitalization Act took effect, and there is a new series of NY nonprofit forms to be filed.
If you try to file using the old forms, your filing will be rejected, causing … Read more