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Follow on Google News | Why Corporations Need Annual MinutesAnnual Meeting minutes are one of the most vital documents that Corporations need in order to stay protected from lawsuits and IRS audits.
By: EntityDocs.com The vernacular for the IRS taking action in such a way is know as "Piercing the Corporate Veil." This basically describes the act of exposing an illegitimate company. If you take all the steps necessary to properly document your company actions, your company will pose no threat since there is no veil to be lifted in the first place. The landscape on how a company is to be managed has changed over time and even changes in real time. Next time I’ll discuss recent changes that you as a business owner might want to take note of. # # # Entity Docs, LLC is a company here to help small businesses stay protected from lawsuits. We provide all the proper documentation to help keep your company stay legal, from LLC and Corporation setup to Annual Meetings and Minutes services, and more. End
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