http://quickcorporateminutes.com/blog Discussing topics relevant to small corporations Wed, 09 Mar 2011 20:37:01 +0000 http://backend.userland.com/rss092 en When a business decides to incorporate, benefits and rights accrue to the corporation, its shareholders, and officers under state law. These advantages include, for example, limited liability to the shareholders, and tax advantages for operation as a corporation. Without maintaining accurate corporate minutes, these benefits and ... http://quickcorporateminutes.com/blog/2011/03/09/corporate-minutes-set-the-policies-for-the-board/ Corporate Compliance Letter Scam: This sophisticated operation involves the use of an official looking letter that comes in the mail (see a sample here). It likely will have your state corporate number and the date you incorporated. Typical headings at the top may read "Annual Minutes Requirement Statement Directors and ... http://quickcorporateminutes.com/blog/2009/12/23/29/ Corporate resolutions should, at a minimum, be simple while containing the legal language to show that the board of directors met the fiduciary duties of care and loyalty.  Ideally, the resolution should be contemporaneous and reflect meetings (or written consents) executed in the time-frame of the approved actions rather than ... http://quickcorporateminutes.com/blog/2009/11/25/how-to-write-a-corporate-resolution/ Ignoring the required annual paperwork of your corporation is a risky behavior indeed. Perfectly responsible business owners who pay their taxes on time year-after-year may be shocked to learn that they may be breaking the law, or at the very least, risking the loss of crucial tax benefits. Even worse, ... http://quickcorporateminutes.com/blog/2009/09/21/1/ This site is dedicated to providing you with up-to-date information relevant to small corporations, especially as it relates to meeting minutes and organizational structure. There is a lot that goes into keeping you corporation legal and we're here to help. http://quickcorporateminutes.com/blog/2009/09/21/about/