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Navigating the Complexities of Delaware Statutory Trusts

Cherry Bekaert

A Delaware Statutory Trust (DST) is a real estate investment vehicle structured as a separate legal entity. It is imperative that real estate owners, developers and investors understand the structural intricacies and financial implications of DSTs so that they can reap tax benefits and properly account for the investment. 3801 et seq.

Delaware 110
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Navigating the Complexities of Delaware Statutory Trusts

Cherry Bekaert

A Delaware Statutory Trust (DST) is a real estate investment vehicle structured as a separate legal entity. It is imperative that real estate owners, developers and investors understand the structural intricacies and financial implications of DSTs so that they can reap tax benefits and properly account for the investment. 3801 et seq.

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Your Essential Guide to the Delaware Annual Filing – 2024

Shay CPA

Every corporation incorporated in the State of Delaware is required to file an Annual Franchise Tax Report and pay the associated franchise taxes. Key Dates and Deadlines for Startups The Delaware Annual Franchise Tax Report is due by March 1st each year.

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State CPA Society News & Updates – June 2023

CPA Practice

The Society will award the $5,000 scholarship each year to a deserving undergraduate or graduate student pursuing an accounting degree in Massachusetts. The Delaware Society of Certified Public Accountants (DSCPA) is offering the Delaware Ethics for CPAs course.

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The New Tax Court Limited Partnership Ruling: What to Know

CPA Practice

While this sentence may be clear, the implications for accounting firms in knowing how to advise clients may be a bit blurry. This recent decision extends that interpretation to state law limited partners in state law limited partnerships, making it crucial for accountants and finance teams to understand its implications.

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Shutting Down a Tech Company – Some Tax/Accounting Tips

Shay CPA

Close your accounts. You’ve probably already thought about closing your bank accounts, but that’s not the only area where you need to get things sorted. Specifically, you should look at: Payroll accounts, including withholding, Department of Labor, and state unemployment insurance accounts. Sales tax accounts.

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. In addition, incorporating, of course, establishes their legal separation from the business’s liabilities sooner, which protects their personal finances from the business’s debts.