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Special Holiday Hours

Just a reminder…

Due to the end-of-year holidays, many jurisdictions will be closed and/or will have modified hours throughout December. If you have questions regarding a specific jurisdiction, please contact us.

Thursday, December 24th:
Incorporating Services, Ltd. (IncServ) – Closing at 12:00 PM (ET)
For jurisdictions that are open IncServ will be able to provide normal services. For those jurisdictions that are closed and have electronic access, we will be able to perform electronic searches, filings and document retrievals, as such access allows.

If you anticipate special needs after 12:00 PM (ET), please contact IncServ in advance, and a Client Services Representative will work with you to ensure your needs are met.

Friday, December 25th:
IncServ – Closed

Thursday, December 31st:
IncServ – Open until 9:00 PM (ET)
Due to holiday hours the DE SOS has the following cut off times: 30 Minute and One-Hour filings must be received by the DE SOS by 6:00 PM (ET). Two-Hour filings must be received by 5:00 PM (ET). All other cut-off deadlines remain the same. To meet these deadlines, IncServ must receive all filings AT LEAST 15 MINUTES before the DE SOS corresponding cut-off times.

Friday, January 1, 2016:
IncServ – Closed

                                           Have a Safe & Happy Holiday!

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Special Holiday Hours

Just a reminder…

ISL Holiday LogoDue to the end-of-year holidays, many jurisdictions will be closed and/or will have modified hours throughout December. If you have questions regarding a specific jurisdiction, please contact us.

Thursday, December 24th:
Incorporating Services, Ltd. (Incserv) – Closing at 12:00 PM (ET)
For jurisdictions that are open Incserv will be able to provide normal services. For those jurisdictions that are closed and have electronic access, we will be able to perform electronic searches, filings and document retrievals, as such access allows.

If you anticipate special needs after 12:00 PM (ET), please contact Incserv in advance, and a Client Services Representative will work with you to ensure your needs are met.

Friday, December 25th:
Incserv – Closed

Thursday, December 31st:
Incserv – Open until 9:00 PM (ET)
Due to holiday hours the DE SOS has the following cut off times: 30 Minute and One-Hour filings must be received by the DE SOS by 6:00 PM (ET). Two-Hour filings must be received by 5:00 PM (ET). All other cut-off deadlines remain the same. To meet these deadlines, Incserv must receive all filings AT LEAST 15 MINUTES before the DE SOS corresponding cut-off times.

Friday, January 1, 2016:
Incserv – Closed

                                           Have a Safe & Happy Holiday!

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Oregon Individual Debtor Name Requirement

Eforegonfective January 1, 2016, under Oregon Senate Bill 462, the name of an individual debtor listed in a Uniform Commercial Code (UCC) filing, will need to match the debtor’s name on their Oregon driver’s license or Oregon-issued state ID card.

Beginning January 1, the requirement takes effect for all new UCC-1s filed. Existing valid UCCs remain in effect until continued or no later than January 1, 2021. To read SB 462 in full, click here.

If you have any questions or concerns, please feel free to contact us!
Thanks for Reading,

Gennine

Gennine Cooper is a Marketing Associate in our Dover, Delaware office. To learn more about Gennine read her bio here.

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Delaware SOS will have Altered Hours!

JDelawareust a reminder…

Tomorrow, December 11th, the Delaware Secretary of State’s Division of Corporations (DE SOS) will be holding its Employee Recognition Luncheon. State services have been altered for this day.

The DE SOS will be closed between 12:00 PM and 1:00 PM (ET); no expedited filings will be processed during this time period. Filings which need attention prior to this period should be received by the DE SOS prior to 10:00 AM (ET).

All 30 Minute and One-Hour service filings must be received by the DE SOS prior to 6:00 PM (ET), Two-Hour service filings will need to be received prior to 5:00 PM (ET). All other cut-off times will remain unchanged.

To meet these deadlines, Incserv must receive all filings AT LEAST 15 MINUTESbefore the DE SOS corresponding cut-off times.

Incserv will have full-staff available that day to meet all of your corporate and UCC needs.

Thanks for reading,

Gennine

Gennine Cooper is a Marketing Associate in our Dover, Delaware office. To learn more about Gennine read her bio here.

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2015 Louisiana Tax Amnesty Program

IfLouisiana you recently received a letter from the Louisiana Department of Revenue (LDR) regarding a 2015 Louisiana Tax Amnesty Program, don’t dismiss it as junk!  This is a legitimate program. The LDR is offering a 2015 Tax Amnesty Program, at the direction of the Louisiana Legislature. This program will provide the opportunity for taxpayers to resolve delinquencies on their tax account(s) with the department. Amnesty will only be granted to eligible taxpayers who apply during the amnesty period and who either pay in full or enter into an installment agreement on or before December 15, 2015, for all the tax.

2015 Louisiana Tax Amnesty Program began statewide November 16, 2015 and will end on December 15, 2015.

For additional information on this program and details on how to take advantage of this opportunity, click here 2015 LA Tax Amnesty Program.

Thanks for reading,

Gennine

Gennine Cooper is a Marketing Associate in our Dover, Delaware office. To learn more about Gennine read her bio here.

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Looking For Extra Money For the Holidays? Try This Out!

For Fiscal Year 2016, the top three anticipated streams of revenue included in the Governor of Delaware’s recommended budget (the “Recommended Budget”) were:  personal income tax, UNLCAIMED PROPERTY DELAWAREincorporation revenue and abandoned property.

It probably wouldn’t be a surprise to anyone to know personal property tax income in a state with no sales tax might be relied on heavily.  It also probably isn’t a surprise to anyone to hear revenue related to business entities formed or qualified in the State of Delaware (the “State”) might be a major source of revenue for the state since many refer to it as the “Incorporation State”.  In fact, services provided by such companies as Incorporating Services, Ltd. (ISL) (included with services rendered directly by the State’s Division of Corporations) bring in an anticipated 25-26₵ of every tax dollar, or 25-26% of all anticipated State revenue.

What probably IS surprising is to learn about the amount of money going to the State’s general fund from abandoned property.  In the Recommended Budget, it was anticipated that 17.6% of State revenues for Fiscal Year 2016 would come from escheated funds!

What are abandoned property or escheated funds?  According to Merriam-Webster, one definition of the generic term “escheat” is “the reversion of property to the crown in England or to the state in the United States when there are no legal heirs”.  The State further defines unclaimed property or escheat to include such things of value as:  “dormant checking and savings accounts, uncashed money orders or cashiers [sic] checks, unclaimed insurance benefits, mineral royalty payments, safe depository contents, unused gift certificates, dividends, stocks, bonds, and utility deposits or refunds”.

Why might this be of interest to you?  Given such a large amount of funds going to the State from unclaimed – or escheated – property, if you have ever done business in or with an entity formed, qualified or located in the State, it’s possible your name might be on the unclaimed or abandoned property list.  If it is, there is a means by which you can claim that property!!

To see if your name is there, check out the State’s “Claim Unclaimed Property” page at https://delaware.findyourunclaimedproperty.com/app/claim-search.  I checked my name to no avail but perhaps you might be luckier!

Thanks for reading,

Kathy

Kathy Jordan retired as VP of Client Services in October 2014 and is our special guest blogger.

Cullan No Comments

Looking For Extra Money For the Holidays? Try This Out!

Looking For Extra Money For the Holidays? Try This Out!

For Fiscal Year 2016, the top three anticipated streams of revenue included in the Governor of Delaware’s recommended budget (the “Recommended Budget”) were:  personal income tax, UNLCAIMED PROPERTY DELAWAREincorporation revenue and abandoned property.

It probably wouldn’t be a surprise to anyone to know personal property tax income in a state with no sales tax might be relied on heavily.  It also probably isn’t a surprise to anyone to hear revenue related to business entities formed or qualified in the State of Delaware (the “State”) might be a major source of revenue for the state since many refer to it as the “Incorporation State”.  In fact, services provided by such companies as Incorporating Services, Ltd. (ISL) (included with services rendered directly by the State’s Division of Corporations) bring in an anticipated 25-26₵ of every tax dollar, or 25-26% of all anticipated State revenue.

What probably IS surprising is to learn about the amount of money going to the State’s general fund from abandoned property.  In the Recommended Budget, it was anticipated that 17.6% of State revenues for Fiscal Year 2016 would come from escheated funds!

What are abandoned property or escheated funds?  According to Merriam-Webster, one definition of the generic term “escheat” is “the reversion of property to the crown in England or to the state in the United States when there are no legal heirs”.  The State further defines unclaimed property or escheat to include such things of value as:  “dormant checking and savings accounts, uncashed money orders or cashiers [sic] checks, unclaimed insurance benefits, mineral royalty payments, safe depository contents, unused gift certificates, dividends, stocks, bonds, and utility deposits or refunds”.

Why might this be of interest to you?  Given such a large amount of funds going to the State from unclaimed – or escheated – property, if you have ever done business in or with an entity formed, qualified or located in the State, it’s possible your name might be on the unclaimed or abandoned property list.  If it is, there is a means by which you can claim that property!!

To see if your name is there, check out the State’s “Claim Unclaimed Property” page at https://delaware.findyourunclaimedproperty.com/app/claim-search.  I checked my name to no avail but perhaps you might be luckier!

Thanks for reading,

Kathy

Kathy Jordan retired as VP of Client Services in October 2014 and is our special guest blogger.

Cullan No Comments

Thanksgiving Hours

Wednesday, November 25th we will be closing at 5:00 PM (ET) and will be closed on Thursday, November 26th and Friday, November 27th in observance of theThanksgiving hours delaware Thanksgiving holiday.

If you anticipate special needs between 5:00 pm and 8:00 pm (ET) on Wednesday, November 25th, please contact Incserv in advance so a Client Services Representative may work with you to ensure your needs are met.

Please note:
When we re-open on Monday, November 30th, our end-of year extended hours will be in effect and the Delaware Division of Corporations’ normal operating hours will return.

November 30, 2015 through January 8, 2016, Incserv will be open from 8:30 AM to 9:00 PM (ET).

Happy Thanksgiving!

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Veterans Day 2015

IncserVeterans Dayv would like to say “Thank you!” to all the brave men and women that have served or are currently serving to protect our country and our freedom. Please be sure to thank a veteran today!

Most jurisdictions are closed today in honor of Veterans Day. However, all Incserv offices are open and available between the hours of 8:30 AM to 5:00 PM (ET). We have electronic access to many jurisdictions and are able to perform electronic searches, filings and document retrievals, as such access allows. If you have questions pertaining to what services are available in specific jurisdictions, please contact us.

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Delaware UCC Paper Filing Change

Effective December 1, 2015, the Delaware Division of Corporations (the Division) will no longer accept Uniform Commercial Code (UCC) paper filings submitted directly to the Division via mail, courier or fax. Filers will be required to utilize an authorized UCC Filing Agency for paper filings or file electronically via XML or the State’s e-UCC web application.

Incserv is a State authorized UCC Filing Agency and is ready to assist you with your UCC filing needs. If you have questions or need help filing, contact Incserv today!

Thanks for reading,
Gennine

Gennine Cooper is a Marketing Associate in our Dover, Delaware office. To learn more about Gennine read her bio here.