This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Bylaws Of A Corporation For Federal Income Tax In Bronx
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State:
Multi-State
County:
Bronx
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US-00444
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FAQ
Corporate bylaws are required by state law in New York, but you don't need to file your bylaws with the NY Department of State. The law stipulates that your bylaws must be adopted by your incorporators during your company's initial organization meeting.
How to Start a Corporation in New York Name Your Corporation. Designate a Registered Agent. Submit Certificate of Incorporation. Get an EIN. File the Beneficial Ownership Information Report. Write Corporate Bylaws. Hold an Organizational Meeting. Open a Corporate Bank Account.
(a) The board of directors shall consist of one or more members. The number of directors constituting the board may be fixed by the by-laws, or by action of the shareholders or of the board under the specific provisions of a by-law adopted by the shareholders.
Every corporation, domestic or foreign, must have a Registered Agent with a registered office within the State of New York at all times.
Corporate bylaws are legally required in New York. Under NY Bus Corp L § 601, corporate bylaws “shall be adopted” by a company's incorporators. That means that in New York, you'll need to adopt bylaws to comply with the law.
Corporate bylaws are a company's foundational governing document. They lay out how things should run day-to-day and the processes for making important decisions. They serve as a legal contract between the corporation and its shareholders, directors, and officers and set the protocol for how the organization operates.
Limitations on assessment. --- (a) General. --- Except as otherwise provided in this section, any tax under article nine, nine-a, nine-b or nine-c shall be assessed within three years after the return was filed (whether or not such return was filed on or after the date prescribed).
You must keep all of your records for a minimum of three years from the due date of the return to which those records relate, or the date the return is filed, if later. You must make the records available to the Tax Department upon request.
New York State Tax Law generally places a three-year statute of limitations on our right to assert additional tax due (generally, three years after your return was filed).
New York or the DTF has 20 years to collect tax liabilities. It is 20 years from the date the DTF could file a warrant. While the IRS has ten years to legally collect the taxes, NY State has 20 years.