Many corporate clients ask why they should spend the time and money to maintain corporate minutes. This is especially common in small or family-run operations. Other corporate clients don’t even bother asking the question, they just don’t do it. When I am asked why they should go through the time and expense of preparing minutes …Read more
A client came to see me because the IRS was threatening to shut down his business for non-payment of payroll taxes of over $100,000. I asked why the taxes hadn’t been paid and he told me that he had cash flow problems so he used the payroll taxes as a short term, low interest loan …Read more