KKOS LAWYERS BUSINESS DEPARTMENT TERMS OF SERVICE

The following terms apply specifically to Business Department services provided by KKOS Lawyers. These terms supplement the firm’s general Terms of Service and Payment & Services Policy.

Entity Representation

KKOS represents the business entity itself for the purpose of preparing, filing, and delivering business documents. KKOS does not represent individual members, managers, trustees, spouses, beneficiaries, shareholders, or owners unless expressly agreed in writing. Internal disputes, ownership disagreements, or questions related to personal legal rights fall outside the scope of Business Department services, and KKOS Lawyers may discontinue any engagement.

Organizer, Incorporator, and Authorized Filer Authority

Where permitted by state law, KKOS may sign formation documents in the capacity of Organizer (LLC), Incorporator (Corporation), or as an authorized filer. This authority is administrative only and does not create ownership, management authority, financial interest, or ongoing rights in the entity. KKOS resigns immediately upon execution of governing documents and does not sign dissolution filings on behalf of any client or entity. All rights and authority of the Company are set forth with its owners and officers as applicable.

IRS Filings and Client Responsibilities

Depending on the services requested, KKOS may prepare and submit IRS filings, including: EIN applications, tax classification elections (Form 8832), responsible party updates (Form 8822-B), and S-corporation elections (Form 2553), where applicable.

Clients agree to:

Provide complete, truthful, and accurate information.
Sign all required IRS forms promptly, including Form 8821 when necessary.
Acknowledge that KKOS does not become the IRS “responsible party.”

If the client does not return required signatures or provide requested information within 30 days, KKOS may close the matter without further obligation and retain all legal (flat) fees.

KKOS does not guarantee that any IRS election, filing, or classification will be accepted or approved by the IRS

Accuracy of Information and Client Cooperation

Clients are responsible for ensuring that all information provided, including ownership structure, percentages, responsible party information, tax classification, addresses, and state-specific details, is accurate, truthful, and complete.

Where multiple owners or parties are involved, the person communicating with KKOS on behalf of the entity is responsible for obtaining all required signatures unless KKOS agrees otherwise in writing.

Clients must respond to requests for signatures, approvals, or clarifications in a timely manner. KKOS is not responsible for any missed state deadlines, lapsed name reservations, delayed filings, or IRS rejections resulting from incomplete or delayed client cooperation.

Filing Fees and Government Costs

Some filing fees cannot be confirmed until KKOS completes state-specific research. By engaging the Business Department, clients authorize KKOS to:

Determine applicable filing requirements
Confirm the correct Agency filing fees
Collect payment for those fees once known

Agency fees are imposed by third parties and may change without notice. KKOS is not responsible for government processing timelines, state review delays, county recording variances, or IRS processing times.

Electronic and Physical Signatures

KKOS may use electronic signatures where accepted by applicable agencies. Certain documents may require traditional (“wet ink”) signatures or notarization. Clients agree to return signatures in the requested format and within the requested timeframes.

Document Preparation and Corporate Book Deliverables

KKOS prepares and delivers Corporate Books and organizational documents, which may include membership certificates, stock certificates, issuance ledgers, unissued ledgers, resolutions, minutes, data sheets, organizational summaries, seals, and similar materials.

All such deliverables constitute document preparation services only.

KKOS does not monitor or handle ongoing compliance requirements unless separately engaged in writing, including:

Annual reports
Franchise taxes
Publication requirements
Officer/manager updates
Beneficial ownership reporting
Any other post-formation obligations

The client is solely responsible for ensuring ongoing compliance.

Bank Packet and Banking Responsibilities

KKOS provides a bank packet containing the documents generally required by banks to open a business account. KKOS does not open bank accounts, communicate with banks, complete bank applications, or advise on bank-specific requirements and or policies. KKOS may refer clients to bankd who handle business checking accounts from time to time, but such referrals are optional and are always at the discretion of the Client and only upon a Client’s decision to use certain bank would KKOS and bank share information.

Bank approval processes, documentation standards, identity verification, and review procedures are controlled solely by the financial institution. Clients are responsible for selecting a bank, completing the bank’s application process, and providing any supplemental documentation required by the bank.

Clients are responsible for obtaining all necessary signatures for the bank packet, including signatures from a Custodian when applicable, unless KKOS has agreed in writing to assist with this process.

Sister Companies and Related Entities

KKOS may coordinate with or refer clients to affiliated but legally separate companies, including:

Main Street Business Services, LLC (“MSBS”) for registered agent and compliance services
Directed Trust Company (“Directed IRA”) for IRA/LLC and custodial account matters
Main Street Professionals, LLC for certain business support services

Engagement with these companies requires separate agreements. KKOS is not responsible for custodial actions, investment approvals, compliance processes, timelines, or decisions made by Directed IRA, nor for registered agent, privacy address or company compliance services provided by MSBS.

Limitations on Services

The Business Department does not:

Provide legal advice or proceed on services/matters regarding member disputes or internal conflicts between members/managers
Resolve ownership disagreements or act as a mediator
Provide tax advice outside the scope of document preparation
Provide financial, investment, or custodial guidance
Provide bookkeeping, continued compliance maintenance, or operational support unless separately engaged

No Responsibility for Post-Formation Actions

Once entity documents are delivered, KKOS does not monitor:

EIN updates
Beneficial ownership reporting
Annual report or franchise tax deadlines
Publication requirements
Bank account setup or maintenance
Changes in membership or ownership

These responsibilities rest exclusively with the client unless separately engaged in writing.