I heard an interesting piece on the news the other day that got me thinking quite a bit. It was about a man, who owns a small business and was being fined a fair chunk of change by the State of Maine for not properly conducting his business as a corporation. When asked by the reporter what he did wrong; the gentleman said that he had not submitted meeting minutes from his annual corporation meeting. A little chuckle as he continued to explain that his corporation is he and his wife and that he had no idea that he needed to go through such a process.
It’s easy to understand that this gentleman wasn’t trying to scam anyone, nor was he trying to break the law, but the fact of the matter is that he just didn’t understand or have all the information necessary to legally operate a corporation in our state; so he got fined.
IncParadise.com can help any small business with all its’ incorporating needs. Weather you have just filed your papers of incorporation and simply need the proper forms to register your business’s tax ID number or you just need some free LLC forms, IncParadise.com has business solutions to help you whether you’re in Nevada, Maine, or any other state. Don’t get fined by being uninformed. If you’re going to take the time to start your own business, take the time to get all your affairs in order before audit time comes around.
1 comments:
Great post. Very helpful. I'm going to check out the site you referenced.
Thanks!
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