Without the proper company record keeping, as required by
law:
Your company will be treated as no company at all and
the assets, liabilities, and tax structure will be recast to your personal estate.
A really great attorney may be able to help your
company, should problems arise, but it will probably cost you plenty when you need really
quick or intensive service from him.
Any disputes between stockholders, directors, and or
officers of your company may not be easily handled without documented meeting minutes
showing the desires of the directors and/or stockholders.
You probably will have no protection from personal
liability unless you have a viable company which has complied with all State and Federal
laws
The IRS will treat your company as no company at all,
recasting the company tax returns to your own returns and denying some of the benefits
your corporation or LLC is giving to you and your employees
and, you can be subject to daily fines of $25.00 per
day, for non - compliance, if, for example, your company was formed, in Nevada. Other
states may be even greater per day penalties. Here's the Nevada law regarding penalties.
Do the company record keeping yourself, have
someone do it for you, or have Legal Forms - Pahrump do
it for you, but protect yourself and make sure it gets done now or you may find out that
all those fees you have paid your state were just a waste of money !!!!!!!!!!
All data contained on this web site is provided for
education and guidance. It is not intended to address the exact situation of any specific
individual or entity. Reliance on this data is exclusively at the user's own risk. The
data is not intended to provide a comprehensive treatment of any particular subject.
Accordingly, the data in this web site is not intended to constitute legal, investment,
accounting, tax, or any type of professional advice. If legal advice or other expert
assistance is required, the services of a competent professional person should be sought.
Every attempt has been made to ensure that the data
contained in this web site is accurate at the time of compilation. However, neither Legal Forms - Pahrump nor any personnel nor staff member
nor affiliation associated therewith is responsible for any errors or omissions, or for
the results obtained from the use of this data. Inadvertent errors can occur, and
applicable laws, rules, and regulations are subject to interpretation and often change.
This web site contains links to other sites over
whom neither Legal Forms - Pahrump nor any
personnel nor staff member nor affiliation associated therewith has any control. Neither Legal Forms - Pahrump nor any personnel nor staff member
nor affiliation associated therewith, provides any warranty about the accuracy of data
found on any of these servers.
Except where otherwise noted, the web site contents
are � 1999 by Legal Forms - Pahrump No
part of this web site may be reproduced or transmitted in any form without written
permission.
Contact Information
Presently, Legal Forms - Pahrump only
sells products and services within the United States. If you are in the United States, you
can reach us with the following information.