Sunday, 31 August 2014

I closed my business in July 2010 after 3 years .It was a service type business with no quarterly sales tax obligation .But the corporation ...

Question

I closed my business in July 2010 after 3 years .

It was a service type business with no quarterly sales tax obligation .

But the corporation dissolution is still in process .

Do I still need to file 2010 tax ?

Thank You



Answer

Yes!

When you say the Dissolution is Still in Process, I assume you operated as a corporation. As such, until such time as the corporation is completely dissolved, you have an obligation to pay the CA Franchise Tax Board Fees and file a tax return for every year until dissolution.



No comments:

Post a Comment