S Corporation Upgrade
The main differences between a C corporation, and an S corporation is it’s taxation. A C corporation’s income is taxed at the corporate level while its employees are taxed at the personal level. Some business owners consider this “double taxation.” Often times their solution is to convert to an S corporation where profits and losses flow through to all be taxed at the personal level therefore eliminating “double taxation.”
All corporations begin as a C corporation, also known as a general corporation. In order to be an S corporation, your C corporation must be converted to an S corporation by filing paper work with the IRS.
Federal Employer Identification Number
A Federal Employer Identification Number (Also known as an EIN or Tax ID number) is a distinct number the IRS assigns to your entity that acts as your corporation or LLC’s social security number. This number is required in order to pay taxes, open a business bank account, apply for a business loan/credit, or to pay employees.
Personalized Corporate Bylaws
Customized Operating Agreement: An operating agreement is an internal operating guide for your LLC. Operating agreements govern the day to day rules and persons in control of your company. These do not have to be filed with the state or federal government, however, they are important to possess and maintain. AAAFiling.com recognizes that no two LLCs are the same. Therefore we offer operating agreements custom to your LLC’s specific needs.
Let AAAFiling.com organize your new corporation’s important documents including you articles of incorporation and stock certificates!
Our corporate kit includes the following:
- 3 Ring Padded Binder with your corporate name on spine.
- Alligator look alike slip case.
- Corporate Seal with pouch.
- 21 Customized Stock Certificates with corporate name.
- Stock Transfer Ledger.
- Checklist, Instructions and worksheets.
- 8 Tab Dividers.
- Customized Minutes with your corporate name.
- Customized Bylaws with your corporate name.
- Customized Agreements and Plans with your corporate name.
- Waiver of Notice and Minutes of Annual Meeting of Shareholders.
- Waiver of Notice and Minutes of Annual Meeting of Directors.
- Minutes of Special Shareholders Meeting.
- Notice of Annual Meeting of Shareholders.
- Notice of Organizational Meeting of Incorporators and Directors.
- Waiver of Notice of Organizational Meeting of Directors.
- Waiver of Notice of Organizational Meeting of Incorporators.
- Director(s) Resignation.
- Notice of Special Meeting of Shareholders.
- Notice of Special Meeting of Directors.
- Resolution granting Power of Attorney.
- Special Power of Attorney.
- Independent Contractor Agreement.
- Buy-Sell Agreement.
- Employment Agreement.
- Banking Resolution.
- Cafeteria Plan.
- Cafeteria Plan Employee Benefit Election.
- Medical Expense Plan.
- Death Benefit Plan.
- Voting Trust.
- Stock Subscription.
- Executed Stock Subscription.
- Stock Purchases.
- Written statement organizing corporation.
- S Corporation.
- Section 248 Election.
- Consent of Incorporators to Election of Initial Directors
- Election of Directors.
- Election of Officers.
- Waiver of Shareholders Financial Reporting.
- Corporate Indemnification Plan.