S Corp Status For Llc In Middlesex

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

Description

The document is a Resolution for an S Corporation election, specifically designed for entities looking to obtain S corp status for LLCs in Middlesex. This resolution declares the corporation's intention to elect S Corporation status under the Internal Revenue Code and state tax code. Key features include authorizing corporate officers to execute necessary documents and actions for the S corp election, ensuring compliance with federal and state regulations. The form requires the signature of directors and a secretary to validate the resolution's adoption. It is particularly useful for attorneys, partners, and owners who need a formal resolution for tax status change. Paralegals and legal assistants can assist in filling out the resolution and ensuring all required documents are submitted timely. For individuals or businesses considering the benefits of S corp status—such as pass-through taxation and limited liability—this resolution is a critical step in the legal process.