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https://www.calcorporatelaw.com/2017/11/can-corporation-officer
First, it does not define the term "officer" as it does "director". Second the statute, Cal. Corp. Code § 312, specifying what officers a corporation must, or may, have does not expressly state that these officers must be natural persons. In fact, the statutory use of the term "person" is ambiguous the Corporations Code defines "person" as ...
https://www.legalzoom.com/articles/appointing-officers-in-a-corporation
Officers are appointed by the board of directors to run the day-to-day operations of the corporation. Commonly, and by law in many states, a corporation will have at least three officers: (1) a president, (2) a treasurer or chief financial officer, and (3) a secretary. Officers do not have to be shareholders or directors, but they can be. There is no limit on the number of …
https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
When corporate officers perform a service for the corporation and receive or are entitled to payments, those payments are considered wages. The fact that an officer is also a shareholder does not change this requirement. Such payments to the corporate officer are treated as wages. Courts have consistently held S corporation officers ...
https://www.robertschriebman.net/articles/an-officer-of-a-corporation-or-llc-is-a-statutory-employee/
When the EDD selects your company for audit and demands the production of your 1099s for the past three years, you can count on an assessment for unpaid employment and withholding taxes, several levels of penalties, together with interest on both the tax and penalty portions. Taking a 1099 as a corporate officer is just flat out wrong.
https://www.avvo.com/legal-answers/how-do-we-add-an-officer-to-corporation-285923.html
4 attorney answers. It is really quite simple. The addition of a corporate officer, (assuming the bylaws allow additional officers and do not specifically limit the number of officers) can be accomplished by holding a special meeting of the board of directors, having a director nominate an individual to be the additional officer, have someone ...
https://www.upcounsel.com/corporate-officer-definition
Corporate officers are high-level management executives hired by the business's owner or board of directors. Examples include the organization's chief executive officer (CEO), chief financial officer (CFO), treasurer, president, vice president, and secretary. Officers can also be shareholders and directors but don't necessarily have to be.
https://www.legalzoom.com/articles/llc-officer-titles-explained
Corporate officers. As an LLC, your company may decide to appoint corporate officers such as president, vice-president, or treasurer to handle certain jobs or tasks within the company. These corporate titles can be useful in designating who does what within your LLC, but overall management and the authority to bind the company still rests with ...
https://axislc.com/public/is-an-officer-of-a-corporation-an-employee/
For a corporation, including a C Corp. and an S Corp., generally, officers are considered employees of the corporation, if they’re being paid to provide services rendered. An officer of a corporation is the person who handles the day-to-day affairs of the organization. So for example, the president who oversees the staff and activities of the ...
https://ttlc.intuit.com/community/business-taxes/discussion/does-a-officer-of-a-c-corporation-have-to-report-all-compensation-for-payroll-tax-purposes-or-can-a/00/672234
Do I need to put officer compensation? This is my first year therefore no payroll taxes were filed during the year as I was not aware of how the officer compensation works. Can I pay myself through 1099-MISC rather than a W2? ... Hello there, as an employee/ shareholder of my corporation which started conducting business in Sep. 2019. What if I ...
https://brewerlong.com/information/business-law/business-trust/
Aside from limited liability, there are a few other business trust advantages. First, they offer a greater level of privacy over a corporation or LLC. Business trusts do not have the same state disclosure requirements as corporations and LLCs. Second, unlike corporations and LLCs, business trusts do not have ongoing state compliance and filing ...
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