Alter Ego
Alter Ego
DEFINITION
Along with registering a new company, come responsibilities. You miss one year maintaining your company, you will become an opposing attorneys best friend. Your business is no longer a company, it's an "Alter Ego".
In layman's terms, it's just you.
- Did you apply for a Federal Tax ID?
- Did you fund your company with a business checking account?
- Did you apply for a business license and pay the renwal fee each year?
- Did you file your Federal Tax Returns each year?
- Did you file your State Tax Returns each year?
- Did you include an income or loss on your Personal Tax Returns each year?
- Did you pay your annual fees to the Secretary of State each year?
- Did you pay your annual fees to the Registered Agent each year?
- Did you maintiain your books with resolutions each year?
- Did you have your Annual Company Meeting each year?
- Did you update your bylaws and operating agreement each year?
- Did you issue stocks and membership certificates each year?
#incsmart
