What proofs do I need to show I’m really a bonafide Business?
All Insurance Companies are MANDATED by AB 1083 Health Care Reform to write any Bona Fide EmployER with 2 or more eligible employees, and part timers. Thus, they require absolute proof (see chart below) that the business is really there and running, though in this economy a profit is not required.
Try turning sideways to better view PDF's & Screen Shots
Common Forms of Ownership
- Sole Proprietorship
- General Partnership
- Limited Partnership
- Limited Liability Company
(If not available due to the length of time in business or due to having received an extension to file, a Statement of Information – Domestic Stock Corporation. or Articles of Organization with Operating Agreement may be substituted.)
or possibly the 1065 Partnership Return (If not available due to the length of time in business or due to having received an extension to file,
a Partnership Agreement
Federal Tax ID appointment letter may be substituted.)
The limited partners in a limited partnership are not eligible for coverage unless they are also employees appearing on the DE or 9
K 1 Partnership Tax Return
Contributions – Deductible
- Contributions you make to an IRA may be fully or partially deductible, depending on which type of IRA you have and on your circumstances; and
- Generally, amounts in your IRA (including earnings and gains) aren’t taxed until distributed. In some cases, amounts aren’t taxed at all if distributed according to the rules. IRS.gov Publication 590 *
Statement of Information – Domestic Stock Corporation.
- Secretary of State Business Search
There are service companies that can help you expedite getting copies or filing these forms.
Try GKL at 800 446-5455
or search for the list on the Secretary of State’s website.