In my March 11th review of Inc.’s article “The Importance of Corporate Minutes” you read, “Typically, after the new entity is established. . . the owners often put off dealing with many tasks necessary to running their new corporate entity.” Another quote from that featured article: “Ignoring the care and feeding of your corporate entity […]
Securing Your Company’s Private Data After It’s Been Compromised (Avoid This Blunder)
Attorney Andrew Froman wrote a short but very insightful piece for the Employment Privacy Blog (from Fisher Phillips) entitled, “Security Breached – Tips for Mitigating and Protecting Private Information from Inside and Outside Threats.” The article paints a dismal picture of what can happen when company management does not consider and take steps to minimize […]
IRS “Dirty Dozen” 2018: The Worst of the Worst Tax Scams
Every year the IRS compiles their so-called “Dirty Dozen,” a list of “the worst of the worst tax scams” that taxpayers may encounter. According to the IRS, taxpayers may encounter one or more of these scams “anytime but many of these schemes peak during filing season as people prepare their returns or hire someone to […]
U.S. Boarder Searches of Mobile Devices
This piece is not specifically on point with the subject of making minutes and resolutions for your small business or closely held company. However, most small business owners find they have to travel internationally at least occasionally, whether to visit suppliers, for seminars, or on a family vacation. If you are planning to enter or […]
Video Review: Guidance for Documenting Board and Committee Minutes
Inside America’s Boardrooms is a weekly web show that features board members and governance experts with varying perspectives and board committee experience. The knowledge level is designed for current and experienced board members, executives, proxy advisors, and governance professionals. My perspective on company minutes is from dealing mainly with small, closely held corporations, LLCs and […]