Delaware Tax Planning

Surprise! It’s Examination Time for Investment Advisors

Investment advisers registered with the Securities and Exchange Commission (SEC) across the country should remain on alert for the annual surprise examination that they must undergo. However, this type of surprise is not as fun as a surprise birthday party, so let’s get up to speed on what a surprise examination is about. Background In 2009, the SEC issued its … Continued

Gross Reciepts Tax - Delaware CPA

Delaware Lowers the Gross Receipts Tax

Effective 1/1/2014, the State of Delaware lowered the Gross Receipts Tax for many business categories. Although the gross receipts tax has been lowered, the $100,000 exclusion did not change and still applies. Along with the $100,000 exclusion not being changed, the annual licensing fees remain unchanged. Gross Receipts Tax Change With the change in Gross Receipts Tax for Delaware, some … Continued