Small Business Reading Room


Thursday, April 29, 2010

 

JUNE 1st FILING DEADLINE NEARS FOR LP/LLC/GP FRANCHISE TAX

It’s nearly May Day, when our thoughts turn to spending warm days out of doors, and leaving memories of cold behind. Let us not forget; however, that as spring flies by, the June 1st on time filing deadline for your 2009 LP/LLC/GP Franchise Tax quickly approaches.

We want to make you aware that changes, enacted to Delaware law in August 2009, did not affect the tax amount due for tax year 2009; but, the late penalty was increased to $200! Although the deadline for your payment is on or before June 1st, we highly recommend that you pay the tax at least a week before the deadline.

Also, if you did not file a certificate of cancellation for your entity by December 31, 2009, then you are required to pay the annual franchise tax to the State of Delaware. Failure to pay the franchise tax by the deadline will result in $200 penalty and/or interest charges being assessed by the State of Delaware at the rate of 1.5% per month. Additionally, it will prevent the company from obtaining a certificate of good standing and may ultimately lead to your entity being declared VOID by the State.

Delaware Intercorp, Inc. provides a secure and convenient tax filing link for our clients. https://www.delawareintercorp.com/ezfile.aspx. If you need information or assistance with your franchise tax submission, please contact Joanne at: tax@DelawareIntercorp.com.
posted by Joanne at 11:24 AM - permalink 0 comments


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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

"For all the best reasons to incorporate,the best place
is Delaware and the best incorporator is
Delaware Intercorp!"

Call Monday - Friday 09:00 (am) - 17:00 (pm) Eastern Time (GMT-05:00)

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International: (1) 302.266.9367
FAX: 302.266.9940
Email: info@delawareintercorp.com