Company For Status In Ohio

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

Description

The document titled 'Resolution of Company for Status in Ohio' is a formal resolution allowing a corporation to elect for S Corporation status under both federal and state tax codes. This form serves as a record confirming that the Board of Directors has authorized officers to take necessary actions, including submitting election documents to the Internal Revenue Service and state authorities. The resolution includes provisions to ratify any previous actions taken by officers toward this goal. It is crucial for maintaining compliance with tax regulations while providing potential financial benefits such as avoiding double taxation. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful when transitioning a corporation to an S Corporation status. The form requires completion of specific sections, including the corporation's name, date of adoption, and signatures of directors, to ensure legal validity. Additionally, clear filling instructions and signature lines help streamline the process. This resolution is particularly relevant for corporations looking to optimize their tax treatment and demonstrate governance within the corporate structure.