If you’re running a business incorporated in Delaware—or considering it—you’ve likely heard about the state’s franchise tax. Delaware is a popular choice for incorporation due to its business-friendly laws and lack of corporate income tax for companies that don’t operate in the state. However, most for-profit entities incorporated in Delaware, whether corporations, LLCs, or LPs, are subject to an annual tax. In this post, we’ll break down Delaware’s franchise tax structure, how it’s calculated, and what you need to know to stay compliant.
...Read More%20to%20handle%20essential%20HR%20functions.%20While%20PEOs%20provide%20significant%20value%20in%20areas%20like%20payroll,%20compliance,%20and%20benefits%20administration,%20they%20are%20often%20mistaken%20for%20legal%20advisors.%20However,%20it’s%20crucial%20to%20understand%20that%20a%20PEO%20is%20not%20a%20lawyer%20and%20cannot%20replace%20the%20role%20of%20legal%20counsel.%20Here’s%20why:)
When it comes to managing business operations, many companies turn to Professional Employer Organizations (PEOs) to handle essential HR functions. While PEOs provide significant value in areas like payroll, compliance, and benefits administration, they are often mistaken for legal advisors. However, it’s crucial to understand that a PEO is not a lawyer and cannot replace the role of legal counsel. Here’s why:
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Gutwein Law, a full-service business law firm focused on helping innovative companies grow through high-level legal counsel, has added Eric A. Koch to its team. Eric brings more than 35 years of experience in the areas of corporate law, real estate law, estate planning, and commercial litigation. Prior to joining Gutwein Law, Eric was the Managing Partner of The Koch Law Firm with locations in Bloomington and Bedford, IN.
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[Lafayette, IN] — December 20, 2024 — Gutwein Law, a business law firm representing some of the most forward-thinking businesses in the world, is proud to announce that Shannon Middleton has been named a partner at the firm. Middleton’s promotion to partner is a testament to her exceptional work ethic, dedication to client advocacy, and unwavering commitment to the firm’s goal of delivering unparalleled legal services.
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Gutwein Law would like to congratulate six of its attorneys for being named to The Best Lawyers in America 2025 list. Lawyers included in the list are divided by geographic region and practice areas. They are reviewed by their peers on the basis of professional knowledge and experience, and undergo an authentication process to make sure they are in current practice and in good standing.
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