Franklin Ohio Sample Letter regarding Articles of Incorporation - Election of Sub-S Status

• Category: Letters - Legal - Corporations
• State: Multi-State
• County: Franklin
• Control #: US-0346LTR
• Format: Word; Rich Text

Description

Sample Letter regarding Articles of Incorporation - Election of Sub-S Status Sample Letter Regarding Articles of Incorporation — Election of Sub-S Status [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Articles of Incorporation — Election of Sub-Statetu— - [Company Name] Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally notify you about our company's decision to elect Sub-S status as stated in our Articles of Incorporation, effective [effective date]. [Company Name], a corporation duly incorporated under the laws of the state of Ohio, believes that electing Sub-S status will provide significant advantages for our business operations. Subchapter S Corporation, also known as an S Corporation, is a tax designation by the Internal Revenue Service (IRS) that offers benefits such as pass-through taxation, limited liability protection, and potential tax savings for our shareholders. By electing Sub-S status, [Company Name] aims to ensure our continued growth, flexibility, and preservation of our closely-held corporation structure. The decision to pursue Sub-S status was made after careful consideration and consultation with our legal and financial advisors. We believe that this status will enhance our ability to attract potential investors, facilitate fundraising efforts, and provide favorable tax benefits for our shareholders. In accordance with Section [section number] of our Articles of Incorporation, the undersigned authorized officer, [Your Name], hereby affirms that: 1. The board of directors approved the election of Sub-S status. 2. Our company qualifies for Sub-S status as stipulated by the IRS. 3. We understand the legal and financial implications of Sub-S status. 4. All necessary documentation has been filed with the appropriate government agencies. Enclosed with this letter, you will find a copy of our Articles of Incorporation, including the specific provisions regarding the election of Sub-S status, as well as any supporting documents requested by the IRS. We kindly request your assistance in updating our corporate records, including our status with the state and any tax-related registrations or filings required for our new Sub-S status. We appreciate your prompt attention to this matter. Should you have any questions regarding this election or require further information, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. We truly value your support and guidance in this matter. Thank you for your attention to this important matter. We look forward to receiving confirmation of the updated records reflecting our new Sub-S status. Yours sincerely, [Your Name] [Your Title/Position] [Company Name] Enclosures: 1. Copy of Articles of Incorporation 2. Supporting Documents.

Sample Letter Regarding Articles of Incorporation — Election of Sub-S Status [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Articles of Incorporation — Election of Sub-Statetu— - [Company Name] Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally notify you about our company's decision to elect Sub-S status as stated in our Articles of Incorporation, effective [effective date]. [Company Name], a corporation duly incorporated under the laws of the state of Ohio, believes that electing Sub-S status will provide significant advantages for our business operations. Subchapter S Corporation, also known as an S Corporation, is a tax designation by the Internal Revenue Service (IRS) that offers benefits such as pass-through taxation, limited liability protection, and potential tax savings for our shareholders. By electing Sub-S status, [Company Name] aims to ensure our continued growth, flexibility, and preservation of our closely-held corporation structure. The decision to pursue Sub-S status was made after careful consideration and consultation with our legal and financial advisors. We believe that this status will enhance our ability to attract potential investors, facilitate fundraising efforts, and provide favorable tax benefits for our shareholders. In accordance with Section [section number] of our Articles of Incorporation, the undersigned authorized officer, [Your Name], hereby affirms that: 1. The board of directors approved the election of Sub-S status. 2. Our company qualifies for Sub-S status as stipulated by the IRS. 3. We understand the legal and financial implications of Sub-S status. 4. All necessary documentation has been filed with the appropriate government agencies. Enclosed with this letter, you will find a copy of our Articles of Incorporation, including the specific provisions regarding the election of Sub-S status, as well as any supporting documents requested by the IRS. We kindly request your assistance in updating our corporate records, including our status with the state and any tax-related registrations or filings required for our new Sub-S status. We appreciate your prompt attention to this matter. Should you have any questions regarding this election or require further information, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. We truly value your support and guidance in this matter. Thank you for your attention to this important matter. We look forward to receiving confirmation of the updated records reflecting our new Sub-S status. Yours sincerely, [Your Name] [Your Title/Position] [Company Name] Enclosures: 1. Copy of Articles of Incorporation 2. Supporting Documents.