3 Types of Dissolution Dissolution of a corporation refers to the official closing of a corporate entity, which can be a complex process. Below is a brief introduction of the types of dissolution with the state. There are 3 main ways a company can be dissolved – administratively, voluntarily, and judicially. I will not detail …
Overview Once a business determines it is “doing business” in another state and would be required to register with that states regulatory authority, the next step is to actually register. If you need help determining if your business needs to register to transact business in another state, Apex’s blog on conducting business in another state …
Multi-State Business Registration: Registering as Foreign Entity Read More »
Domestic v. Foreign A company, whether doing business as a corporation, LLC, partnership, or other statutory business entity, is a “domestic” company in the state in which it was founded, and is considered a “foreign” company in all other states. “Domestic” and “Foreign” are common terms throughout the United States. For example, an LLC formed …
Multi-State Business Registration: What is Doing Business? Read More »
Overview Apex has blogged about the underutilized Washington Office of Minority and Women’s Business Enterprises (“OMWBE”) certification. The Secretary of State created the OMWBE Office in 2000. The OMWBE assists minority/women owned businesses to apply for enterprise certifications for the purpose of obtaining contracts with local governments. The OWMBE Office grants federal and state certifications …
Overview A receivership is the appointment of a disinterested person or organization (a receiver), by a court or by a corporation or a person, for the protection or collection of property that is the subject of creditors’ claims. Receiverships exist at both the state level, through RCW 7.60, and the federal level, through Rule 66 …
Receivership Under RCW 7.60: An Alternative to Bankruptcy Read More »
Overview 501(c)(3) charities are facing relaxed regulations in what they must disclose in tax filings to the IRS. Currently, pursuant to 26 U.S.C. § 6033, a 501(c)(3) organization must annually disclose to the IRS on Form’s 990 Schedule B the total amount of contributions and gifts received by it during the year and the names …
SCOTUS Ruling on Donor Disclosures Sets off Wave of New State Legislation Read More »
Of the many things Covid-19 can be said to have forced us to change in our daily lives, how and where we work is one of them. For employers, the ongoing pandemic has seen an increase in leveraging remote employees. Overview An increasing number of employees are work from home, and sometimes that home is …
Once again, Washington state lawmakers are contemplating the passing of the Washington Privacy Act (“WPA”). The WPA, in its changing forms, has been on the docket for a vote two years running now. The 2019 version died in the House of Representatives, and the 2020 version, which garnered more support, failed to pass a vote …