Top 5 Reasons Company Minutes are Important for Small Business Owners

1. Find More Deductions! – When you follow our memory-jogging questionnaire, you may just find some more deductions you didn’t think about. Be sure to share these with your CPA for maximum savings!
2. Save Your Sanity By Keeping Current! - It is so much harder to catchup than to keep up! When you use our simple online system each month, you actually save yourself time and energy, no need to search back through old documents and bank statements to find what needs to be documented. It will all be fresh in your mind! That’s why we created this system: to Save Small Business Owners Time and Money, while still getting the paperwork done right!
3. To Protect Your Business and Personal Assets in Case of Lawsuit! – the first things and opposing attorney will ask for is business records. If you don’t have any, or you don’t have the correct documents done, forget about saving your personal assets too from scrutiny and the prosecutor. It’s too late!
4. Save Your Deductions from an IRS Audit! – One of the great things about documenting all business decisions and expenses is that you have PROOF. Proof not only that your expenses were really expenses, but that your business is actually running as a business and not just a hobby.
5. Save YOU Time! – This may be similar to #2 , but saving time is so important to a small business owner (it is to me!) that it bears mentioning in its own spot. All you have to do each month is take a few minutes to do your reporting, that’s all you have to do.. and we do the rest! You don’t have to worry about when to hold your Annual Meeting (we do that for you), you don’t have to worry about which form, out of the 600+ to choose or how to correctly word your business actions… We do that for you, too!

To find out more about Minutes for your company Click Here.

Comment below and tell us how important minutes have been to your company? Have they saved your personal or business assets? Have you found more deductions?

Are you neglecting your business?

Are you neglecting your business?…

Right now MOST business owners ARE neglecting their business! I’m sure you are thinking… How can I be neglecting my business when I basically eat and sleep there?

Yes you may spend many hours working on the growth of your company, but do you have a solid foundation?

A solid foundation is crucial in protecting your corporate veil and keeping your personal and company assets protected.

You are probably wondering what that solid foundation is….Well your solid foundation is PROPER LEGAL documentation!

Did you know there are 13 documents you must have in order to have this sturdy foundation?

Without these 13 documents your company’s corporate veil could be pierced, your tax deductions disallowed, and thousands of dollars and hard work down the drain.

Now again I ask you, Are you neglecting your business?

Click here to find out what 13 documents you MUST have to Bullet-Proof Your Company from Lawsuits and IRS Audits.

Stop neglecting your business today!

Share this on Facebook and Twitter and warn others Business Owners to Bullet-proof their business!

Also, Comment below and tell us what you found interesting/shocking!

Is Your Annual Meeting Next Month?

Many of you are scheduled to have your annual meeting in May. This is a great opportunity to plan a trip and use it for a tax deduction. (see previous video post.)

Your Annual Meeting is the most important meeting of the year for your company.

But most importantly, it protects you.

The results could be disastrous.

If you are sued your corporate veil could be pierced (even if you have an LLC!). In other words, you could lose the asset protection of your business entity and your personal assets could be in jeopardy.

When should your annual meeting take place?

Look in your company operating agreement or by-laws. It will tell you when your annual meeting should be held.

Just A Minute, LLC takes all the worry from you.

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Just A Minute LLC Can Help Protect Your Business

The IRS recently hired 3,000 new field agents. Their purpose? To audit small businesses.

You see, they think they can find deductions that businesses reported on their tax return and disallow them….and then collect the money — plus penalty and interest.

What does that mean for you as a small business owner? It means you should be sure your company paperwork is current. That means your minutes and resolutions should be in your company minute book.

So, if you decide to purchase any equipment that costs over $500, you should create a company resolution that you are going to purchase that piece of equipment, sign it and put it in your company minute book.

If you decide to take out a loan, it should also be documented. There are hundreds of other minutes and resolutions that should be documented so you can protect your company.

How are you supposed to know everything you should document? How do you word the document so it is legal? What form should you use?

That’s how Just A Minute, LLC can help. They prepare your minutes and resolutions for you. Simply go online and answer a few questions that will jog your memory about what to include in your minutes.

They do the rest. They select the proper form and use the correct legal language. Then they prepare the monthly resolutions for you. They also prepare your annual minutes.

All you need to do is sign them and put them in your company minute book.

Simple.

You don’t have to worry about those 3,000 new IRS agents. And your business will be safe and protected.

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You can contact Just A Minute, LLC at 1-888-552-6552 or at http://www.JustAMinuteLLC.com

Will You Be Judged by Your Words – or Lack of Them?

by Steven W. Allen, J.D.
[This is an excerpt of his article "Words" -- to read the entire article click here]

Perhaps you remember that commercial which began: “People do judge you
by the words you use!” As an author and an attorney, I love words, I work
with words, I help others with words. Words are my tools.
. . .
Companies have distinct tax benefits, asset protection characteristics, and
valuation procedures. To keep such benefits, companies are required to keep
written records of their business decisions known as “minutes.” Such
records set these companies apart as separate and distinct entities for a
business purpose. Companies must meet at least annually, and more often for
unique or major business decisions.

Hold Your Annual Meetings at an Exotic Location and Get a Tax Write-off!

Most business owners realize it’s time for their annual meeting and quickly plan a meeting in their office or at a nearby restaurant.

You are missing out on the opportunity for some weekend leisure at a beautiful spot . . . maybe a round of golf . . . while planning your work week around your annual meeting at an exotic location.

Why don’t you plan now to have your next annual meeting at an exotic location or great resort? You can use the trip as a tax write-off if you follow a few simple rules (see your CPA or tax strategist).

Most people know they need to hold an Annual Meeting for their
company. But do you know what needs to go into your Annual
Meeting and how to prepare for it?

1. When to hold your Annual Meeting.
Your company is governed by your Operating Agreement or Bylaws.
In the operating agreement or bylaws you can find a clear
statement of when your annual meeting should be held. (If you
don’t have an operating agreement or bylaws, call us
immediately). The operating agreement will contain a paragraph
entitled “Annual Meetings” or “Meetings of the “Members.”

2. Who Should Attend the Annual Meeting?
If you are the proud owner of an LLC, your meeting should include
all the members. If you have a Limited Partnership, it should
include all the general partners. A Corporation (Inc.) must have
TWO meetings: the first one is for the shareholders (all persons
who own stock in the Corporation); the second for the Directors.
If a member, director or general partner cannot attend the
meeting, you must have a majority present. This will be outlined
in your operating agreement.

3. Notice of the Meeting.
Did you know you must give a notice of the annual meeting to your
members, directors, shareholders, or general partner? You must
give written notice no less than 3 days and no more than 50 days
prior to the meeting. But there is an alternative to this
notice. And that is to have a waiver instead. Waivers can be
signed the same day as the meeting. Just A Minute, LLC can
prepare your waiver for you.

4. Documenting the Annual Meeting.
You MUST have the minimum requirements of your annual meeting in
your minutes. Luckily Just A Minute, LLC will meet and exceed
those minimum requirements to keep you legal.

5. You Can Have Your Annual Meeting at an Exotic Location.
All you need to do is plan ahead. Make a resolution a month or
two before your annual meeting is to take place (check your
operating agreement). This resolution should state where and when
you will be holding your annual meeting. Check with your CPA to
make sure you are using every last tax deduction you can for this
special annual meeting business trip.

6. Finalizing Your Annual Meeting.
Once you hold your annual meeting, login to
http://www.SubmitMinutes.com and submit your annual meeting
information. These minutes must be signed and placed in your
Company Minute Book.

Contact us at JustAMinuteLLC.com. 1-88-552-6552 or http://www.JustAMinuteLLC.com

We are here for you to protect your business and to help your company grow.