| There has been a lot in the news lately about corporate
accounting issues and alleged corporate corruption. A new act has been
passed to address some of these issues, and all owners of family business
that are S-Corp or C-Corp should familiarize themselves with the
Sarbanes-Oxley Act of 2002 and what it means for how you run your business.
There are certain actions you must take as a corporation to insure that you
do not put your personal liability at risk. Records of these actions are
important. An excellent discussion of what Sarbanes-Oxley means to the
closely-held family business can be found at the following link:
http://www.genusresources.com/site/content/publications/articles/tatelbaum_sarbanes.asp
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