Legal Question in Tax Law in California
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
Asked on 3/28/11, 12:05 pm
1 Answer from Attorneys
Mayer Nazarian
Nazarian Law and Tax Group
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.
Answered on 3/28/11, 12:16 pm
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