S Corp Status For Llc In Bexar

• Category: Corporations - Minutes and Resolutions - Actions
• State: Multi-State
• County: Bexar
• Control #: US-0046-CR
• Format: Word; Rich Text

Description

The document titled 'Resolution' is designed to facilitate the election of S corporation status for an LLC in Bexar, Texas. This form allows a corporation to formally state its intent to be taxed as an S Corporation under the Internal Revenue Code and state tax code. Key features include authorization for corporate officers to execute necessary documents and submit election paperwork to the Internal Revenue Service and state taxing authority. It outlines the procedure for ratifying prior actions by officers related to this election. The target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, can utilize this form to ensure compliance with state and federal regulations when changing tax status. Filling out the form requires the date of adoption and signatures from directors, which certifies the authenticity of the resolution. It serves as an essential tool for legal professionals assisting clients in optimizing their corporate tax structure and ensuring proper documentation of such decisions.