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PDF Editor FAQ

Can I be a registered agent for my own S corp? We have been paying an external agent, but they don’t seem to be doing anything.

Since no one else has answered this question I will based on my own experience in the state of Virginia. Other states may differ. You can call your state corporation commission to ask about your specific situation.A registered agent must be either an officer of the court (attorney) or an owner/officer of the corporation residing in the state the corporation was incorporated in.I am a CPA with over 35 years experience in public accounting. My practiced was in my own S corporation. For many years I paid an attorney to be my registered agent. He did nothing and got to the point he did not even return my phone calls. One year I decided to stop wasting hundreds of dollars. I went online and found the change of registered agent form. I filed out the form and mailed it back to the SCC for VA. I believe there was a small fee but that was years ago. I cannot remember for sure. Each year I receive the annual report form and a separate payment form for my corporation. Since I am the only officer/owner with no changes, I sign the forms, write a check and mail the two envelopes.In truth the attorney was maintaining the corporate stock book and annual meeting minutes. Since I was a one owner entity there were no stock changes or annual meetings. Nothing that required the legal niceties. Another purpose of the registered agent is for the corporation to have a legally recognized person to receive notifications like summons for law suits. If you are not stable in your business location or other address you will be using on the registration, have a fluid situation with ownership or other complications, I would NOT recommend acting as your own agent.This is a non legal opinion and worth what you paid.

How is life at NLU Mumbai? Is it worth it?

Maharashtra National Law University Mumbai, established under the Maharashtra National Law University Act 2014 on 20th March 2014, is one of the premier National Law Universities in India. NLU in a metro city like Mumbai is definitely worth it.The location of the University is incomparable considering its various advantages coming from the legal industry of Mumbai. The students also have had the opportunity to learn from legal luminaries across the country and overseas. The University has invited partners and associates for interactive sessions from Law Firms like Shardul Amarchand Mangaldas, Khaitan, MD of Mizuho Securities, Director (Legal), Uber India. There have been approximately 100 guest lectures by Professors of renowned Universities across the world, Judge Kristie Harrington from the United States, Judges and Senior Advocates from the Supreme Court and the High Courts, Chief Minister of Maharashtra and other experts in the specific field.InfrastructureMNLU Mumbai completed its first two years at the renowned Tata Institute of Social Sciences, Mumbai and continues the journey at its new campus at prestigious CETTM (Centre for Excellence in Telecom Training and Management) located in Hiranandani Gardens, Powai, Mumbai. This is one of the biggest telecom training centres in Asia. The campus location is proximate to IIT Bombay and 13 km from Chhatrapati Shivaji International Airport.FacilitiesThe University shares various facilities with this distinguished institution. The Academic block has classrooms designed in cafeteria style to foster the culture of active learning and participation. Further, there are fully equipped Moot Court Hall, Conference Hall, Mediation Centre, Legal Services Clinic, Internship Cell and much more, with a possibility to meet the demands of transnational learning.Daily RoutineGet up at 7, leave by 8:45, eat breakfast, attend classes from 9:30 to 5 (with a 1.5 hour lunch break), sit in library till 11 pm, come back to the hostel, work again, and with this, conclude the day.Hostel FacilityThe University is also granted a fully furnished hostel with one hundred rooms in the residential block of CETTM Training Hostel situated just across the road. The licensor has further agreed to provide the University additional 50 rooms each year as and when new batches of students join the University.The Residential Block includes fully furnished and spacious double-seater hostel rooms with balcony. The hostel complex features a sprawling lobby, recreation room and area for a variety of sports. There are two dining halls with 500+ seating capacity.LibraryThe Library strives to build a repository of knowledge base in the form of records, reports, journal, and other documents to aid future research and learning. University library has more than 5374 books and over 892 back volume journals / Law Reports. Further, the library has secured various Indian & International Law databases such as SCC Online, Manupatra, Oxford University Press, Westlaw India, JSTOR, Hein Online. The Library has also subscribed to 11 National & International print journals. The University has also been fortunate enough to host a collection of around 6000 donated books and hardbound journals from eminent personalities.ConclusionYes, the University is young but the experience and exposure given to the students encourages them to work relentlessly to develop their skill set required for the legal industry.Every student gets an opportunity to participate and learn from intra-college competitions. The University has dedicated committees to organize moots, debates and ADR competitions.MNLU Mumbai has its annual fest ‘Abhikrama’ and the Foundation Day celebration ‘Zest’ along with many other events hosted throughout the year. We celebrate festivals from all the religions with the same enthusiasm.Hope it will help, thanks..

Are there any tricks or speedy ways to repair your credit score?

Improving bad credit involves doing 2 things. 1) Building credit. 2) Repairing creditIf you have a credit score under 600, I recommend a secured credit card (SCC), they’re designed for people with poor credit. A SCC will allow you to establish good payment history and that will help to improve your credit score. The best secured credit cards have no fees and report to all 3 credit bureaus. Here’s a quick video reviewing the best ones:Step 2 is repairing your credit. You can do this at the same time you’re building your credit. Basically, you will want to go to Annual Credit Report.com - Home Page to get your free credit report. Then you will want to through it carefully to check for any negative marks (delinquencies, collection items, charge-offs) that are negatively impacting your credit. If the negative marks are inaccurate, you can dispute them and get them removed. Here’s a video about credit repair and how to do it yourself:

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