Jan/100
Search Criminal Background – Before Applying For A Visa Credit Card Consider The Following…
Before Applying For A Visa Credit Card Consider The Following...
by: Robert Michael
Applying for a visa credit card means you should consider more things than just receiving a credit card. This is because there are many types of cards that have different incentives, bonuses, fees, and the like associated with them. So, you need to consider whether you need a visa credit card for your business,
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Jan/100
Search Criminal Background – Latest Search Criminal Background news – Rowland Rebele: Homeless center continues to provide vital services
If you've been keeping up with my blog posts lately you'll know I've come to adding a few news posts from around the web on this subject. I've got a couple more today that are new and updated, so let me know what you think of em...
Rowland Rebele: Homeless center continues to provide vital services
This is something our board has now corrected; we are doing mandatory background checks on all our employees
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Jan/100
Search Criminal Background – Public Enemy Number One? Criminal Record?
Public Enemy Number One? Criminal Record?
Possibly one of the most searched-for information topics on the web today is the public records segment. Individuals and businesses alike are becoming more aware of the importance of knowing if a new acquaintance or prospective employee has a dubious or even criminal background.
Many of these public records are held by a vast array of government agencies.
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Jan/100
Criminal Background Online – Latest Criminal Background Online news – Criminal Background Check – Random Criminal Background Check on …
How about these right... I think you'll find the following nuggets of wisdom particularly insightful. Leave your comments below. Check out the second one in particular...
Criminal Background Check - Random Criminal Background Check on ...
Employment screening firms, like Accu-Screen, can pinpoint criminal convictions and inform employers accurately and quickly before someone like Surridge is hired and
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Jan/100
Search Criminal Background – YouTube – NATIONWIDE PUBLIC BACKGROUND CHECK – Death Record Search
Hey Readers! I've been comin across some crazy stuff the past few days from a few different blogs around the web which I just had to share with you. Check em out below...
Criminal Background Check – Are There Online Options to Do a ...
Criminal background checks are a necessity in the world of business. They used to be difficult to do, but technology now makes it much easier. Read Full Article.
La Lemon Law: Louisiana Public Criminal Records - Doing Background ...
There are a number of reasons, you may need an online background check for Louisiana public criminal records to do. If you are an entrepreneur looking for a new employee at the present time it is advisable to check all potential ...
Free Criminal Background Checks – Are They the Right Choice
Around the world free criminal background checks are becoming virtually compulsory in so many desires. At one time in time they were used on an expert level.
Hope you enjoy the read as much as I did and please if you have something to say, use the comments form below to let everyone know your thoughts.
Have a great day!
I Comply, You Comply, We Comply ... Are You Sure?
by: Robert Neuberger
Failure to follow corporate formalities may expose corporate officers, directors and shareholders to personal liability. Maintaining good records, including corporate minutes, on a timely basis goes a long way toward maintaining the limited liability benefit of a corporation.
If incorporating was your first step to a new and safe way to do business, compliance with the law is the easiest way to keep you safe from any liability associated with they way you manage your company.
There are many reasons to pay attention to the formalities associated with running a corporation: Business corporation laws require articles of incorporation and bylaws and specify other things that must occur.
Articles of incorporation and bylaws form a contract between the corporation and its shareholders, obligating the corporation to act in accordance with the articles and bylaws.
Directors and officers owe the corporation and shareholders a fiduciary duty to use good faith, exercise due care, and act in the best interests of the corporation. Majority shareholders must act in good faith, in a manner not calculated to oppress the rights of minority shareholders.
Corporate formality must be respected and observed to preserve the integrity of the corporation and to shield officers, directors, and shareholders or related businesses from personal liability.
Don’t think that for the fact that you can be the only person holding all the positions of a corporation you are out of keeping your company in compliance. Small companies also have duties with State Agencies, providers and even customers.
Why Are Minutes So Important?
It’s the law. Nothing more clear than that. Minutes are legal records that document actions and support business decisions made by the principals of the business throughout the year. Minutes help you to separate your own affairs from the company’s actions. It is the way to protect you from liability.
During an IRS audit a privately held company may be required to produce the minutes of the company. If they do not, or can not give the minutes to the IRS agent, the problems stand as found. There is no negotiation with the IRS.
State law requires corporations to prepare annual minutes and in many cases; failure to do so has contributed to piercing of the company veil resulting in exposure to the principals.
As mentioned, without current and complete minutes, corporate players could be held personally liable for the actions of the corporation.
Protect Yourself
Your legal protection could be in jeopardy if a creditor successfully pierces the corporate veil due to the corporation’s failure to keep minutes.
Good recordkeeping habits and paying attention to detail are necessary for any successful business. Now you know it.
About The Author
Robert Neuberger is the President & CEO of Active Filings LLC, a national incorporation and corporate services company (www.activefilings.com)
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