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.
That's how many audits the IRS plans to conduct this year, IRS Commissioner John Koskinen told reporters Thursday. While 1 million is hardly small potatoes, it's a lot less than the 1.4 million audits the agency conducted in 2013 and the 1.2 million it conducted last year. The reason for the steady decline: Budget cuts that will leave the agency operating at a level that is 17% below where it was 5 years ago.