Corporation – What Is It?

Written by Richard A. Chapo

Simply put, a corporation is a form of business entity. You probably already know this, so this article delves into a few ofrepparttar particulars.

Separate Entity

For legal purposes, a corporation is considered a separate legal entity from those forming it. Although it is not a living person, a corporation generally hasrepparttar 143737 same rights. It can own property, enter contracts and claim constitutional rights. Unluckily, a corporation also must pay taxes like you and me.

Unlike each of us, a corporation can “live” for 100 years, 200 years or more. Certain forms of corporations were known to exist as far back as inrepparttar 143738 days of Ancient Rome. Despite it’s gladiator tendencies towards other companies, Microsoft was notrepparttar 143739 first corporation.

State of Incorporation

These days, state law authorizes and governsrepparttar 143740 creation of corporations. In 1811, New York wasrepparttar 143741 first state to pass laws authorizing corporations. As other states were created,repparttar 143742 passage of laws authorizingrepparttar 143743 corporate enitity became standard practice. Today, corporations can be formed in every state.

The Secretary of State for each jurisdiction typically controlsrepparttar 143744 incorporation process. Corporations are “residents” ofrepparttar 143745 state in which they maintain offices, have employees, receive mail, etc. This is true even if it conducts business in other states.

A corporation is considered a “domestic entity” inrepparttar 143746 state in which it is incorporated. In all other states, it is considered a “foreign entity.” For example, a company like Nomad Journals is a domestic corporation in Colorado, where it is based. When I buy a travel journal from it, California authorities may consider it a foreign corporation and require it to conform to California law. Foreign corporation status is a technical area of law and well beyondrepparttar 143747 scope of this article. Nonetheless, just keep in mind thatrepparttar 143748 state of incorporation can be a key issue, particularly when it comes to tax issues.

Why File a Social Security Claim?

Written by Maricon Williams

Disabilities are hard to accept. It simply loses anybody’s confidence and assurance. It connotes pain, suffering and loss of earnings. This chaotic plight involves not onlyrepparttar disabled person but his family as well. Thus, it is necessary that said individual be givenrepparttar 143601 right consideration or benefits which he lawfully deserves.

The same is true with death, especially whenrepparttar 143602 head ofrepparttar 143603 family,repparttar 143604 one whomrepparttar 143605 family is depending for support, has died. This will definitely result to financial crisis. Though, death of a family member can never be reimbursed by money, but still,repparttar 143606 family needs financial assistance to cope up withrepparttar 143607 loss.

To yieldrepparttar 143608 benefits intended to its recipients,repparttar 143609 right thing to do is to file a social security claim. You can acquirerepparttar 143610 services of a skilled social security attorney to help you with it.

It is a blatant fact that you can accomplish a social security claim on your own. You can go throughrepparttar 143611 filing, hearing and representing all by yourself. In fact, you can even go throughrepparttar 143612 whole process withoutrepparttar 143613 aid of a social security attorney. However, according to statistics, claimants who are represented by a skilled social security attorney win a good deal compared to those who are not represented by a counsel. Social security attorneys are there to give you legal advice and to aggressively defend your social security claim in order for it to yield a reasonable and beneficial sum.

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