Legal Question in Tax Law in California

Dissolution of a California S Corp that has been suspended?

Hello, I had a California S Corp that went out of business. I have learned that I need to file a Dissolution of the S Corp with the Secretary of State. But I have also learned that if it has been suspended, which it was last yr. then the Dissolution cannot be filed? Please advise how I can make sure that it is recorded that this business no longer exists. If it has been suspended am I still required to file Dissolution? If so, what do I need to do to make that happen?


Asked on 2/05/09, 11:05 pm

1 Answer from Attorneys
Bryan C. Becker Your Lawyer for Life.

Re: Dissolution of a California S Corp that has been suspended?

Thanks for your question. Before you are able to dissolve the cooperation, you will need to pay all outstanding tax balances and/or delinquent returns. Then you have to file a Application for Certificate of Reviver with the State FTB. If you would like assistance with this process, feel free to contact my office. If cost is an issue,we handle business advisory matters on an up-front fixed fee basis.

Yours truly,

Bryan

619.400.4929

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Answered on 2/06/09, 11:56 am


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