A corporation must act as like a corporation in order to maintain the two major goals of the corporate form of business: (1) preserving the corporate shield from personal liability, and (2) achieving specific federal and state tax goals unavailable to a sole proprietor. Meeting these goals requires that you observe all the formalities required of that form of business (including the completion of annual corporate minutes). These formalities are required even if you are the only shareholder in the corporation! Corporate rehabilition, including review of the corporate minute book, with completion/ correction/ filing of missing or incorrect organizational, regulatory, tax and securities issues, is available at a flat rate; filing fees and corporate record book orders are additional.
