Importance of Corporate Documents

Many of the Bell clients have a corporate set up of a holding company, usually an S-Corp, that then owns multiple corporate entities or q-subs. In your check off to do every year, be sure that your legal counsel prepares separate entity minutes for each corp. I cannot overemphasize the importance. Be sure that all lease and rental agreements, if they exist between q sub entities are currently updated and signed as well. If you have questions, please give a Bell service professional a call.

Bell and Company Employees make a Trip to Haiti

June 1, 2010

Kelly Phillips and Deanna Lovelady went on a trip to Haiti. We headed with 27 bags full of school supplies bound for a school located in a remote village in Seguin. Where we handed out 400 school boxes that contained a ruler, pencils, sharpeners, scizzors, glue stick, crayons, a coloring book and various other items that we collected and stuck in the boxes. We also have the pleasure of working with the Seguin Cloud Forrest free medical clinic in which Dr. Clayton Bell is managing for a year. This was a trip of a lifetime and to see the looks on the kids faces as they received their school supplies is something we will never forget. If you would like more information on our trip or the chairty in which Clayton has formed go to Www.wherethestarsstillshine.org.

Or feel free to e-mail us at deanna.lovelady@bellandcompany.net. We would love to tell you more about our trip and adventures in Haiti.

Employer Paid Insurance Policy

Breaking News on employer paid life insurance policy.

The IRS requires that information on any employer paid insurance policy be disclosed with the filing of the corporate or partnership returns. If you have these type policies that you pay thru the corporation, and the policies were issued after August 17, 2006, please provide information to us to assist in preparing proper form 8925 to attach to tax returns. If you have any questions on this new rule please contact Richard Bell best way to contact him is through e-mail at richard.bell@bellandcompany.net.