Legal Question in Business Law in New Jersey
Business Defunct but was used to operate
hi, I incorporated a business 5 years ago and never really operated it. So never submitted taxes or anything... I started using it again last year, then realized that it had gone defunct for several years. what are my options? Is there a way to close it down without incurring penalties? what do i do about taxes for income generated during this and last year? Can i start up a llc and transfer to that? Help!! I'm just trying to get something going in this crazy economy..
Asked on 3/11/09, 3:17 pm
1 Answer from Attorneys
John Corbett
Corbett Law Firm LLC
Re: Business Defunct but was used to operate
Call me.
Answered on 3/12/09, 12:08 am
Related Questions & Answers
-
Defunct LLC Disolved our LLC in 2002 during divorce. (husband and wife were... Asked 3/11/09, 11:28 am in United States New Jersey Business Law
-
Partnership Division I started a business of which nothing ever came of with a... Asked 3/04/09, 1:20 pm in United States New Jersey Business Law
-
Non-profit can a non-profit organication give space to another non -profit... Asked 3/04/09, 12:26 pm in United States New Jersey Business Law
-
Business law Q re: 501(c)3 and LLC cooperation Hello All, I am unsure if an... Asked 3/01/09, 7:29 pm in United States New Jersey Business Law
-
Corporation closed I have leagally disolved my company there is $150,00 worth of... Asked 2/27/09, 10:10 am in United States New Jersey Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
