An important part of any corporation's business is to hire corporate personnel, arrange for salaries, fringe benefits, expense reimbursements and retirement plans, and sometimes even delegate authority to an employee.

Hire Corporate Employees and Approve Benefits & Expenses explains many of the options regarding compensating employees, including the deductibility of expenses, benefits and insurance premiums. This easy-to-use eFormKit also provides an indepth overview of the various retirement plans available to corporations, and explains when you want to document the delegation of authority to an employee.

The eFormKit provides 29 forms (and the instructions you need to fill them out), including:

• Approval of Hiring Corporate Employee
  
• Approval of Bonuses and Salary Increases
  
• Shareholder Ratification of Employee Pay
  
• Approval of Independent Contractor Services
  
• Appointment of Corporate Officers
  
• Authorization of Payment for Attending Meetings
  
• Approval of Director or Officer Stipend for Attendance at Meetings
  
• Indemnification and Insurance for Directors and Officers
  
• Authorization of Health, Accident or Disability Insurance for Employees
  
• Adoption of Self-Insured Medical Reimbursement Plan
  
• Approval of Purchase of Group Term Life Insurance
  
• Authorization of Employee Death Benefit
  
• Agreement Regarding Death Benefits
  
• Approval of Purchase or Lease of Company Car
  
• Authorization of Mileage Allowance Payments to Employees
  
• Business Meal Expense Allotment for Employees
  
• Authorization of On-Premises Meals and Lodging for Employees
  
• Authorization of Corporate Credit Cards for Employees
  
• Authorization of Reimbursement Plan for Travel and Entertainment Expenses
  
• Authorization of Per Diem Travel Allowance for Employees
  
• Board Approval of Stock Bonus or Stock Option Plan
  
• Board of Directors Adoption of Retirement Plan
  
• Board of Directors Adoption of Profit Sharing Plan
  
• Shareholder Ratification of Retirement Plan
  
• Delegation of Authority to Corporate Employee
  
• Director Ratification of Employee's Acts
  
• Board Ratification of Employee's Contract
  
• Rescission of Authority of Employee
  
• Ratification of Director Decisions and/or Employee Acts by Shareholders

• Approval of Hiring of Corporate Employee
• Approval of Bonuses and Salary Increases
• Shareholder Ratification of Employee Pay
• Approval of Independent Contractor Services
• Appointment of Corporate Officers
• Authorization of Payment for Attending Meetings
• Annual Director or Officer Stipend for Attendance at Meetings
• No Compensation for Attending Corporate Meetings
• Indemnification and Insurance for Directors and Officers
• Authorization of Group Health, Accident or Disability Insurance for Employees
• Adoption of Self-Insured Medical Reimbursement Plan
• Purchase of Group Term Life Insurance
• Authorization of Employee Death Benefit
• Agreement Regarding Death Benefits
• Purchase or Lease of Company Car
• Authorization of Payment of Standard Mileage Allowance to Employees
• Business Meal Expense Allotment for Employees
• On-Premises Meals and Lodging to Employees
• Authorization of Corporate Credit and Charge Cards for Employees
• Reimbursement of Actual Travel and Entertainment Expenses to Employees Under Accountable Reimbursement Plan
• Reimbursement of Actual Travel and Entertainment Expenses to Employees Under Nonaccountable Reimbursement Plan
• Authorization of Per Diem Travel Allowance for Employees
• Board Approval of Stock Bonus or Stock Option Plan
• Board of Directors Adoption of Retirement Plan
• Board of Directors Adoption of Profit Sharing Plan
• Shareholder Ratification of Retirement Plan
• Written Consent to Action Without Meeting
• Certification of Board or Shareholder Action
• Affidavit of Corporate Decision-Making
• Acknowledgement
• Delegation of Authority to Corporate Employee
• Director Ratification of Employee's Acts
• Board Ratification of Employee's Contract
• Rescission of Authority of Employee
• Ratification of Director Decisions and/or Employee Acts by Shareholders

Operating system: Windows- and Macintosh-compatible. The computer you use to purchase an eFormKit must be the same computer you will download it to. (For example, don't purchase the eFormKit using your computer at work if you intend to download it later on to your home computer; instead, wait until you're on the computer you intend to download the eFormKit to and then make your purchase. After you've downloaded the file, you will be able to "transfer" it to another computer by copying it to external media or by email.) In addition, you will not be able to download this file if:

• cookies are disabled on your computer, or
• a firewall prevents you from downloading files from the Internet.

Software: Before you can use an eFormKit, additional software must be installed:
To expand the ZIP archive you download after making your purchase, you'll need:

• A decompression utility such as the following, both of which can be downloaded for free:

• 7-Zip (http://www.7-zip.org) (for Windows users).
• StuffIt Expander (http://my.smithmicro.com/mac/stuffit/expander.html) (for Macintosh). Please note: Many recently manufactured Macs have a native capability to decompress zip files. See your computer's user manual for verification of this and instructions for access.

To open and print an eFormKit, you need Adobe Acrobat Reader 5.0 or greater, or another program that "reads" PDF (portable document format) files. (Download Adobe Reader for free from http://www.adobe.com/products/acrobat/readstep2.html.)
To open, fill out and print word-processing forms included in an eFormKit, you need a word processor that "reads" RTF (rich text format) files:

• Windows XP & Vista both come with WordPad, an RTF-compatible word processor.
• Macintosh OS X comes with TextEdit, an RTF-compatible word processor; non-OS X users need Word 5.0 or greater, WordPerfect 2.1 or greater, or another RTF-compatible word processor.