S Corporation Without Payroll In Orange

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

Description

The Resolution form is designed for corporations in Orange seeking to opt for S Corporation status without maintaining payroll. This form outlines the procedural steps necessary for electing S Corporation treatment under both federal and state tax codes. Users will find the resolution clear and straightforward, allowing officers of the corporation to authorize actions necessary to submit required election documents to the Internal Revenue Service and state taxing authorities. Its utility extends primarily to attorneys, partners, owners, associates, paralegals, and legal assistants involved in corporate governance. Each authorized officer may act independently, streamlining the process of formalizing the S Corporation election. The form also includes a Certificate of Secretary section to verify the accuracy of the recorded resolutions. It is essential for users to complete the form accurately, specifying the corporation's name and the date of the resolution, to ensure compliance. This Resolution is particularly useful for businesses looking to enhance tax efficiency and facilitate shareholder interests.