Compliance and Renewals
This filing requirement keeps entity information up to date with the state and usually includes a fee.
Annual Report or Annual List
This tax status is automatically assigned by the IRS to multi-member LLCs.
Partnership
This is the only entity type that has an official requirement to keep meeting minutes
True Corporations
This item holds title to real property for privacy but does not provide you with asset protection
Land Trust
This process moves your entity from one state to another while keeping its original EIN and history.
Domestication
Every entity must have this in-state, physical address available during normal business hours.
Registered Agent
This is the tax return that must be filed for an S Corp
1120S
Anderson suggests you hold your annual meeting around ____?
Organizational date
You fund your _____ by assigning the ownership interest of your holding LLC
Living Trust
This registration gives your existing entity the authority to do business in a second state
Foreign Filing
Anderson will file Alabama and Maryland annual tax filings that are due with the renewal?
No, we will not. The client will file on thier own along with thier renewal
Form 990 for a Non-Profit must be filed by this annual deadline
May 15th
Any meeting you hold outside of your annual meeting for significant company decisions is called this
Special Meeting
You should sign over these original documents and update your ledger to document ownership changes
Stock Certificates
This section of the tax code allows you to claim an ordinary loss rather than a capital loss on a dissolved corporation
1244 (Stock Loss)
This is the immediate late fee applied to Florida renewals if they are not paid by April 30th
$400
You can defer the first year of a 1065 return if the entity had absolutely none of this
Activity
You can rent your personal residence to your corporation for hosting meetings this many times per year?
14
This document serves as a catch-all for your unassigned assets like cars, boats, and jewelry.
Pour Over Will or Personal Property Memorandum
You must file your final tax returns within this many days after dissolving your entity.
75 days
Once an entity has been admin dissolved, it will require a _________ to get it back in Good Standing
Reinstatement
A C-Corp created on 5/16 will have a tax year end of ?
3/31
To meet 280A requirements, your documented meetings must last at least this long?
4 hours & 1 Minute
When does Double Taxation come into play?
When taking money out through dividends
This is the internal fee required to dissolve a Non-Profit entity
$400