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.
In most cases, the IRS has three years after you file to audit. If the IRS shows up after that, you may be able to point out that the statute of limitations has run. Itâs better than hunting for receipts! But there are many special rules that can extend the purgatory. First, the three years is doubled to six if you omitted more than 25% of your income.