This simple question was the inspiration for creating an article describing the benefits of an S Corporation. That original article, which was about four pages long, quickly became a series of Knowledge Base articles on the WCG website. The articles touched on basic topics such as how to ...
LLC stands forLimited Liability Corporation; it may also be known as a sole proprietorship. Forming an LLC can provide legal protections for the owner from; lawsuits, and liability protection, and makes the business a legal entity. Because the business is its own entity under theLLCdesignation,...
Form of Surviving Corporation Bylaws. Exhibit G-1...Form of Tax Representation Letter to be delivered by Parent and Merger Sub
The formation process is more complex and expensive with a corporation, including having to elect a board of directors. Corporations file Articles of Incorporation with the secretary of state for formation, then hold a meeting to create corporate bylaws. Once formed, a corporation must hold annual...
Some sections simply require a check mark for applicability or a 'yes/no' mutually exclusive selection. Other areas (such as the purpose of the corporation) require written response. As designated by the top of the form, this specific article of incorporation document template is for specific us...
A corporation's annual report is usually an illustrated, thick booklet. It is a professionally created document that often resembles a printed magazine. It is intended for shareholders and distributed directly to them before the annual shareholders' meeting, either by mail or email.1It is also...
Sample Payroll Plan Payroll Plan Instructions IRS S Corp Stats Let’s jump right into some numbers first before going through reasonable S Corp salary theory developed from IRS revenue rules and tax court cases. The following table is a summary generated fromIRS statistics on S corporation tax re...
The biggest risk of failure for your startup happens right at the start—not setting up a viable legal foundation. Here's how to get those legal ducks in a row.
aThis certificate and the shares represented hereby are issued and shall be held subject to all the provisions of the Articles of Incorporation, as amended, and the Bylaws of the Corporation, as amended (copies of which are on file at the office of the Transfer Agent), to all of which ...
for bylawsthat nonprofits use. New nonprofits may use atemplatefrom another organization as a starting point. Because of their importance, it’s preferred for a nonprofit lawyer to overlook the bylaws before filing them with the state. Here’s a sample outline for a basic set of bylaws: ...