CorpNet.com Releases Back-To-School Legal Checklist for Entrepreneurs

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CorpNet offers promo code “BACKTOSCHOOL” to encourage small business owners to keep up with the obligations of running a business.

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This time of year is a rite of passage for any student and parent, but it also signals that we’ve entered the home stretch for 2013. We want to make sure that small businesses end the year in the best form possible.

CorpNet.com, a leading online business document filing company that helps entrepreneurs start a business and keep a business in compliance, is helping small business owners keep their businesses in order by publishing the back-to-school legal checklist for small businesses.

In addition, for the ENTIRE month of September, customers can enter promo code “BACKTOSCHOOL” to receive 10% off any CorpNet.com deluxe or complete business filing package.

“This time of year is a rite of passage for any student and parent, but it also signals that we’ve entered the home stretch for 2013. We want to make sure that small businesses end the year in the best form possible. That’s why we put together a back-to-school legal checklist; instead of hitting the books this fall, small business owners should take the time to make sure their legal and administrative obligations are in order,” said Nellie Akalp, CEO and co-founder of CorpNet.com.

CorpNet’s back-to-school legal checklist for small businesses includes:

1. Incorporate or change your business structure: Many small businesses start out as sole proprietorships or partnerships, but then eventually transition to another entity. Form an LLC or corporation to protect your personal assets from any liabilities of the company. CorpNet’s newly launched Business Structure Wizard can help entrepreneurs decide what business structure is right for them.

2. Close an inactive business: If you have an inactive business, you need to file a formal termination of that LLC or Corporation. Otherwise, you will be charged fees associated with the business, you’ll still be expected to file an annual report, and you’ll still need to submit tax returns to the IRS and state.

3. Hold your annual meeting for your Corporation or LLC: If you haven’t done so already, hold your annual meeting for your Corporation or LLC. Along with the meeting, you’ll need to generate written minutes/resolutions to be signed by the shareholders (Corporation) or members (LLC). CorpNet.com offers free meeting minute templates.

4. File “Articles of Amendment” for any changes: If you made any changes to your Corporation or LLC (i.e. change of business address, authorized more shares, or a board member left), you’ll need to file an official notification with your state of incorporation.

5. Keep up with estimated tax payments for 2013: The next estimated tax due date is September 15. You should review what your business has made year to date and assess your estimated tax payments to avoid underpayments or overpayments.

6. Check if your business needs a Fictitious Business Name: If you’ve been doing business under a different name (even if it’s a subtle variation like “CompanyA” and “CompanyA.com”, you’ll want to file a DBA for that name).

Small business owners can find a wealth of free resources and guides on the CorpNet.com website to help them navigate everything from forming a corporation to filing a DBA. Enter the promo code BackToSchool to receive 10% off any deluxe or complete filing package.

About CorpNet.com
CorpNet.com is an online business document filing service that provides new and existing business owners with the most comprehensive, cost-effective services when it comes to starting, protecting, and managing a business. Through its website, CorpNet.com provides business filing services required for a variety of business needs such as: incorporate a business or form a Limited Liability Company (LLC), file a DBA, Doing Business in Multiple States (Foreign Qualifications), close a business (Dissolutions), Registered Agent Representations, Trademark Search and Registrations, and Corporate Compliance services and supplies for all 50 states.

Founded by experienced entrepreneur/attorney husband and wife team, Philip and Nellie Akalp, CorpNet.com is a private company based in Westlake Village, CA. For more information, please visit http://www.corpnet.com or follow @CorpNet on Twitter.

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Nellie Akalp, Founder & CEO

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