Annual Meeting — Written Consent Builder

Annual Meeting — Written Consent Builder

LLC · Corporation · All states  ·  Steven D. Schlagel, CPA, PC

1 · Entity type
2 · Company
3 · People
4 · Resolutions
5 · Preview & Download
Entity type
What type of entity is this?
LLC
Corporation
Company details
Company name is required.
State is required.
Effective date is required.

Complete entity type selection first.

Select and complete resolutions
Distributions
Money paid to members beyond salary
Include
What this section is for
This confirms that distributions taken were appropriate — the company had funds available, salary was paid first where required, and the business stayed financially healthy.

Good things to address:
  • The company had sufficient cash reserves when distributions were made
  • Distributions were taken after any required officer salary was paid
  • Estimated taxes were considered before distributing
Example
Distributions were made after confirming the Company had adequate cash to cover operating expenses and liabilities. Distributions were also made to address members' personal income tax liability on pass-through income, whether for estimated tax payments or other tax reserves of the owner.
Financing arrangements
Loans or lines of credit the company entered into
Include
Lease arrangements
Office space, equipment, or other leases
Include
Tax and accounting services
The firm providing tax and accounting services
Include
Financial statements approved
Confirms the company's financial records for the year are accepted
Include
Retirement plan
Solo 401(k), SEP-IRA, or other plan
Include
What this section is for
This confirms the retirement plan is active and the contribution for the year is approved. If the exact amount is not yet final, state the intent and update once confirmed.

Include:
  • Type of plan (Solo 401(k), SEP-IRA, SIMPLE IRA, etc.)
  • Contribution amount, or approximate if not yet final
Example
The company's Solo 401(k) plan is continued. The employer profit-sharing contribution for the prior year is approved at approximately $[amount], subject to final confirmation upon completion of the tax return.
Health insurance
Company-paid health insurance premiums
Include
Additional resolutions
Any other matters to formally approve
Use this for one-off items — a change in registered agent, approval of a specific contract, a new bank account, a sale of assets, or anything else that came up this year. Each entry becomes its own RESOLVED paragraph.
Ratification of prior acts
Confirms all actions taken during the year are approved
Always included
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