Business Status Forfeited In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-0046-CR
Format:
Word; 
Rich Text
Instant download

Description

The document is a resolution for a corporation electing to be treated as an S Corporation as per the Internal Revenue Code and applicable state tax code. It includes key resolutions authorizing corporate officers to perform necessary actions, including executing required documents for S Corporation election. The resolution ratifies prior actions by the officers that fall within their authority. This document helps corporations that have forfeited business status in Bronx navigate the process of reinstatement and tax election. Attorneys, partners, owners, associates, paralegals, and legal assistants can use this form to ensure compliance and proper documentation when changing the business entity designation. Filling out the form requires clear input about the corporation's details and dates of resolution, and may involve submitting documents to both the IRS and state tax authority. It is essential for maintaining good standing and enhancing legal compliance within the corporate framework.
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FAQ

To seize property, the government or state must have probable cause to believe that property is forfeitable. To forfeit it (meaning to confiscate it forever), it must demonstrate the forfeiture by a preponderance of the evidence, which is a higher standard.

Dissolving Your LLC in New York Step 1: Vote to dissolve the LLC. Step 2: Wind up all business affairs and handle any other business matters. Step 3: Settle debts and assets with creditors. Step 4: Notify tax agencies and settle remaining taxes.

Similarly, dissolving an LLC entails a process. Step 1: Decide to close your business. Step 2: Notify creditors and settle debts. Step 3: File final tax returns and get tax clearance. Step 4: Notify licensing authorities. Step 5: File dissolution papers. Step 6: Close business bank account. Step 7: Distribute remaining assets.

How to Apply: To start the reinstatement process, call the Tax Department's Corporate Dissolution Unit at 518-485-2639. File any outstanding returns and include payment for any taxes due, whether current or delinquent. Obtain a Written Consent from the Tax Department after all delinquencies have been cured.

6 Steps to Dissolving an LLC in New York Step 1: Vote to Dissolve the LLC. Step 2: Notify Creditors About Your LLC's Dissolution. Step 3: File Final Tax Returns and Obtain Tax Clearance. Step 4: File Articles or Certificate of Dissolution. Step 5: Distribute Assets. Step 6: Close All Accounts and Cancel Licenses and Permits.

How long does it take to dissolve an LLC in New York? In normal circumstances, allow approximately 14 days from the date you send your documents to the Department of State to dissolve a New York LLC, which is after you receive tax clearance from the Department of Taxation and Finance, which itself may take two weeks.

A primary residence, vehicles, personal property, and household goods (all of up to a certain value) are among the items that usually cannot be seized and sold to repay a debt unless they were used to secure that debt.

Personal property that has been seized by a Federal agency may be forfeited through court decree (judicial forfeiture) or administratively forfeited if the agency has specific authority without going through the courts.

The U.S. Marshals Service processes Department of Justice Asset Forfeiture Program payments for various reasons, including but not limited to the payment of forfeited funds to victims of crime, State and Local Law Enforcement Agencies participating in the Department of Justice Equitable Sharing Program, and contract ...

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Business Status Forfeited In Bronx