Independent bookkeeping & advisory firm · Serving clients nationwide, remotely
The Delaware Division of Corporations says more than 2,000,000 business entities have made Delaware their legal home — and a Delaware entity can be owned and run from any state. We keep the real books behind the registered-agent address: separate ledgers per entity, disciplined intercompany structure, and a franchise-tax reserve every Delaware entity owes — all in your own QuickBooks file. The scope: we are not a registered agent and we don’t file the franchise tax or annual report — we keep the books and coordinate with your CPA and registered agent, who file.
If your file needs our paid diagnostic first, its fee is credited in full against the cleanup. Either way, you get a fixed fee in writing before any work starts.
Delaware rule: a corporation whose Delaware activity is confined to managing its intangible investments (stocks, bonds, notes, patents, trademarks) and collecting their income is exempt from the 8.7% corporate income tax; the books keep that income apart from operations. Source: 30 Del. C. § 1902(b)(8).
Delaware holding company accounting keeps a separate set of books for each entity a parent owns, matches intercompany loans and fees through due-to and due-from accounts, and reserves the annual franchise tax every Delaware entity owes (due June 1 for LLCs, March 1 for corporations). TechBrot is not a registered agent and does not file it.
They took something that felt overwhelming to me as a first-year business owner and made it simple.
What stood out the most was TechBrot Inc’s attention to detail.
Books per entity, setting up several entities in QuickBooks, intercompany accounts, the franchise-tax reserve and method, gross receipts, and where the registered agent and CPA take over — set out in full below.
Delaware franchise tax help · Delaware cleanup bookkeeping · Get the free file review · Send the details
Multi-entity structures look fine until you need entity-level truth. Knowing which one you’re in tells us where to start.
Multiple entities run through a single QuickBooks file with no clean separation, so no entity has financials that stand on their own — and your CPA can’t file from them. The fix is separate books per entity (separate files or disciplined classes/locations) so each entity’s P&L and balance sheet are real. If you can’t pull a single entity’s statements in under a minute, this is your starting point.
Loans between entities, management fees, and shared-expense allocations are booked inconsistently, so intercompany balances don’t net to zero across the group and consolidation double-counts. The fix is matched due-to/due-from accounts and a documented allocation method, reconciled every period — so the consolidated picture is true and audit-ready.
Every Delaware entity owes the annual franchise tax — flat $400 for LLCs/LPs, $175–$200,000 for corporations ($250,000 for a Large Corporate Filer) — but it can go unbudgeted until the notice lands, and a corporation can end up paying on the higher method when the State says to use the method that results in the lesser tax. The fix is a reserve tracked per entity in QuickBooks and the share and gross-asset figures both methods use kept ready, so it’s funded and filed on time by your agent or CPA.
Every engagement is scoped to your entity structure, delivered in your own QuickBooks file and checked against TechBrot’s written close standard before it reaches you.
Clean, standalone ledgers for each Delaware entity — separate files or disciplined classes/locations — so every entity’s financials are real and CPA-ready.
Delaware QuickBooks setupMatched due-to/due-from accounts, documented management-fee and expense allocations, and intercompany balances reconciled to net cleanly across the group.
Delaware monthly bookkeepingThe annual franchise tax tracked and reserved per entity, with the share and gross-asset figures both methods use (authorized-shares and assumed-par-value) kept ready — filed by your agent or CPA.
Delaware franchise tax helpWhere an entity has real Delaware activity, gross-receipts tracking by business activity so the right rate and exclusion apply and the return reconciles to the books.
Delaware gross receipts helpFor out-of-state owners, we keep the Delaware entity’s books and coordinate with your home-state CPA on nexus, apportionment, and where other states’ taxes apply.
Delaware QuickBooks accountantSplit a commingled file into clean per-entity books, rebuild intercompany structure, set each franchise-tax reserve, and reconcile to a CPA-ready baseline.
Delaware cleanupRunning a more complex stack, an SPV structure, or a fund vehicle? If it exports to QuickBooks, we can work with it. Ask on a call.
Every Delaware holding-company engagement follows the same four-phase rhythm — entities separated first, structure second, advisory third.
A 30-minute call to map your entity structure, where the books are commingled, your franchise-tax exposure, and home-state filing needs. No pitch.
Split the entities into clean books, rebuild intercompany structure, and run a cleanup to reconcile each entity to a known-good baseline.
Per-entity monthly reconciliation, intercompany netting, and the franchise-tax reserve tracked for each entity with the share and gross-asset figures both methods use kept ready.
Consolidated, CPA-ready statements and, as the group grows, structure and cash-flow advisory across entities.
Once every entity has real books and intercompany nets cleanly, the question shifts from “are the books right?” to “is the structure working?” Which entity should carry which costs, how cash moves between them, whether the franchise-tax method is optimal, where multi-state nexus is forming — the decisions that keep a Delaware holding structure clean as it grows.
That’s where advisory comes in: a QuickBooks ProAdvisor who knows your entity-level data, working alongside your CPA and registered agent. We keep the books and surface the questions; your CPA and agent handle the filings and legal structure. Explore fractional CFO & advisory
Checked against the Delaware Division of Corporations.
Not sure where your file stands? Start with the free QuickBooks file review · how Delaware compares: state-by-state tax quirks · just formed? after you incorporate in Delaware.
No. TechBrot is a bookkeeping and advisory firm — not a registered agent. Every Delaware entity must maintain a registered agent with a Delaware address to receive legal and state notices; that is a separate service. What we do is keep the real books behind that address: separate ledgers per entity, intercompany structure, and the franchise-tax reserve. We coordinate with your registered agent and CPA, who handle the filings.
No — your registered agent or CPA files those. We track and reserve for the franchise tax in QuickBooks and keep the share and gross-asset figures both methods use. It’s a flat $400 for LLCs, LPs, and GPs (due June 1, no annual report) and $175 to $200,000 for corporations ($250,000 for a Large Corporate Filer) by the authorized-shares or assumed-par-value method (due March 1, with an annual report), per the DE Division of Corporations, read September 26, 2026. Our job is to make sure the liability is funded in the books and the filing is supported, so it’s never a surprise.
It depends on the structure. For cleanly separate operating entities we use separate QuickBooks company files; for a tighter group we may use classes and locations within one file. Either way we build intercompany due-to/due-from accounts, a documented allocation method for shared costs and management fees, and a consolidation approach your CPA can file from — so each entity stands on its own and the group rolls up without double-counting.
Yes. For a Delaware entity owned and run from elsewhere, we keep the books for the Delaware entity, handle holding-company and intercompany structure, track the franchise-tax reserve and any in-state Delaware gross receipts, and coordinate with your home-state CPA on multi-state nexus, apportionment, and filings. You get clean Delaware-entity books wherever you operate from.
Only on Delaware-source gross receipts — that is, where the entity has real in-state activity selling goods or services. A pure holding entity with no Delaware operations generally has no gross receipts to report, but every Delaware entity still owes the annual franchise tax. Where there is in-state activity, we set up gross-receipts tracking by business activity in QuickBooks so the right rate and exclusion apply and the return reconciles to the books.
Not always. Delaware taxes corporations at 8.7% of income from business carried on and property located in the state, and 30 Del. C. § 1902(b) exempts several kinds of corporation, including one that does no business in Delaware and keeps only its statutory office there, one whose Delaware activities are confined to maintaining and managing its intangible investments (stocks, bonds, notes, patents, trademarks) and collecting their income, and a federal S corporation. Your CPA decides whether an exemption applies and what is filed. TechBrot does not prepare or file tax returns; we work with your CPA or EA. We keep the holding entity’s ledger so the answer can be shown: investment, interest and royalty income in its own accounts, intercompany loans on documented notes, and no operating revenue or Delaware payroll mixed in. The annual franchise tax is separate and still applies.
With a cleanup. We split the commingled file into clean per-entity books, rebuild the intercompany structure so balances net correctly, set each entity’s franchise-tax reserve, and reconcile everything to a known-good baseline — then transition into accurate monthly bookkeeping with consolidated reporting. Starting from a messy file is fine. Want to talk it through first? Call (877) 751-5575 and a client advisor will scope it with you.