Nebraska Terminate S Corporation Status — Resolution For— - Corporate Resolutions: The Nebraska Terminate S Corporation Status — Resolution Form is a vital document used by corporations in Nebraska to officially terminate their S Corporation status. By completing this form, a corporation can effectively cease operating as an S Corporation and revert to a standard C Corporation or any other applicable business structure. To properly complete the Nebraska Terminate S Corporation Status — Resolution Form, the corporation's board of directors must pass a resolution stating their intent to terminate the S Corporation status. The resolution should include essential details such as the corporation's name, date of the resolution, and the unanimous agreement of the board members to proceed with the termination. This resolution form acts as formal documentation of the corporation's decision and must be kept on record for legal and tax purposes. It ensures compliance with Nebraska state laws and regulations governing the dissolution and conversion of S Corporations. Different types of Nebraska Terminate S Corporation Status — Resolution Forms: 1. Nebraska Terminate S Corporation Status — Resolution Form (Standard): This is the most common type of resolution form used to terminate S Corporation status in Nebraska. It follows the standard format and includes essential information and provisions required by the state. 2. Nebraska Terminate S Corporation Status — Resolution Form (Amended Articles of Incorporation): In certain cases, corporations may need to amend their articles of incorporation when terminating the S Corporation status. This specific form includes additional sections to record the necessary changes to the articles. 3. Nebraska Terminate S Corporation Status — Resolution Form (Foreign S Corporation): If a foreign S Corporation operating in Nebraska decides to terminate it's S Corporation status, this specialized form should be used. It takes into account any additional requirements and ensures compliance with both Nebraska and the corporation's home state regulations. It is important to consult with legal and tax professionals or seek expert advice to ensure the accurate completion of the Nebraska Terminate S Corporation Status — Resolution Form. Failure to correctly file the form or meet the necessary requirements may result in legal complications or potential tax liabilities.