The Launch Blog: Expert Advice from the CorpNet Team

Michigan Annual Report Filing for LLCs and Corporations

The state of Michigan requires all business owners of limited liability companies (LLC) and corporations to file an annual report. An annual report is a filing that helps ensure the state's records about a business entity are accurate. Michigan has specific due...

Michigan State Flag

Does a Real Estate Agent Need an LLC?

Real estate agents, just like other self-employed professionals and independent contractors, should consider how to safeguard their personal assets from business-related liabilities. As a real estate agent, you may wonder if you need an LLC to get that level of...

Real Estate Agent Talking on Phone in Front of For Sale Sign

Understanding the Various Types of Nonprofits

What Is a Nonprofit? A nonprofit organization is created to fulfill a charitable, civic, religious, scientific, literary, or educational goal. Nonprofits do not have private owners, nor do they issue stock or pay dividends to shareholders. Aside from founders or...

Foundation Sign Behind Business Woman Speaking

What Is Reasonable Compensation for an S Corporation?

If you're considering taking an S Corporation election, it's important that you review what obligations are involved in keeping an S Corporation viable. An important part of this review includes an evaluation of the reasonable compensation requirement. What is an S...

Man Holding a Paycheck

Basic Tips for Building Business Credit

A business entity can have its own business credit record and score. Lenders, suppliers, vendors, and even potential customers might check a company’s credit score (which is publicly available) before providing funding or doing business with the company. Business...

Credit Card Close Up

Trademarks vs. Copyrights vs. Patents

From your company logo to your trade secrets, your business’s intellectual property has value. That’s why it’s important to take measures to protect it. What are the various types of intellectual property and how can business owners’ safeguard them?  Here’s a...

Trademark and Copyright Icons in Vending Machine

How to Protect Your Brand with Trademarks

If you’ve incorporated your business or formed a limited liability company, you’ve taken critical first steps toward building a successful business. When registering your business, you’ve protected your company name from being used by competitors in the state the...

Registered Trademark Stamp

What is the Role of an LLC Organizer?

Starting a new Limited Liability Company (LLC) can be complex, entailing several legal, administrative, and organizational steps. Whether you’re starting the business on your own, with a partner, as part of a team, or converting your current business structure to...

Woman Working at Desk on Computer

How to Apply for an EIN if You’re Not a United States Citizen

An EIN (Employer Identification Number), also known as Federal Tax ID Number, is a 9-digit number issued by the IRS that the United States federal government uses to identify a business for tax purposes. Every business with employees or registered in the U.S. as a...

EIN Application

The S Corp Election Deadline is Right Around the Corner

The S Corporation election deadline for LLCs and C Corporations is March 15, 2022. So, if you’re considering changing your limited liability company or C Corporation tax treatment from its default status to an S Corp, time is of the essence!! About the 2022 S Corp...

S Corp on Tablet

How to Get Certified as a Women or Minority-Owned Small Business

Small business certification comes in many forms and offers incredible opportunities for business owners to work with and compete with larger businesses for contracts. Federal government agencies and many state and local governments must set aside a percentage of...

Business Women

Meet the People Behind CorpNet’s Success

We are immensely grateful for our team members’ talents and contributions. They have fueled our growth and remain the key to our continued success in helping aspiring and existing business owners make their entrepreneurial dreams come true. What do our employees...

corpnet team laughing

What Business Owners Need to Know About Filing Taxes in 2022

Tax season is right around the corner. A lot has changed, tax-wise, in the past year due to new legislation. Here’s a quick look at what business owners need to know about filing their taxes in 2022. Sole Proprietorship Sole proprietors are unincorporated...

Stack of US Tax Forms

Do I Need a New EIN?

If you already have an employer identification number (EIN) for your business but have recently made some changes, you may be wondering, “Do I need a new EIN?” Depending on the type of business entity and the circumstances, the IRS may require you to apply for a...

Employer Identification Number (EIN) written on legal document

Meet CorpNet’s Inspiring Senior Account Manager: Amanda Beren

CorpNet’s high-caliber team members, who bring their diverse strengths and talents to work with them every day, fuel our company’s success. No one exemplifies hard work and dedication more than our Senior Account Manager, Amanda Beren.  We’ve recently featured...

Amanda Beren Video Cover Image

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