Corporate Resolution. A written legal document, issued by the board of directors of a corporation, documenting a binding decision made on behalf of the corporation.The corporate resolution will be adopted at a board meeting, and can be found in the minutes of the meeting detailing the decisions made by the board. written legal document, issued by the board of directors of a corporation, documenting a binding decision made on behalf of the corporation. The corporate resolution will be adopted at a board meeting, and can be found in the minutes of the meeting detailing the decisions made by the board.
Generally, the IRS can include returns in an audit filed within the last three years. Additional years can be added if a substantial error is identified. Essentially, if a substantial error is identified, the IRS will not go back more than the last six years. Additional Audit Info.
As a side note, the IRS can audit you for longer than three years after the return, but the obligation to prove wrongdoing is on the IRS after this time. One exception to the three year rule is if you claim a deduction writing off bad debt or securities. In these cases, keep the tax return for seven years.s a side note, the IRS can audit you for longer than three years after the return, but the obligation to prove wrongdoing is on the IRS after this time. One exception to the three year rule is if you claim a deduction writing off bad debt or securities. In these cases, keep the tax return for seven years.