If an S- Corp. doesn't pay its $800 annual franchise tax, can the FTB come after the owners/share holders for it ?
I agree with attorney Smith and add that this becomes a personal liability only if the corporation is dissolved.
Newport Beach, CA
Tax Lawyer at Newport Beach, CA
Practice Areas: Tax, Estate Planning
I agree with attorney Smith and add that this becomes a personal liability only if the corporation is dissolved.
You do not state whether the signatures she claims to not be hers are really hers or not. Either way, this sounds like blackmail. This would not...
Their could be numerous reasons why the return was audited. They Explanation of Changes to the return should explain why the IRS is proposing...
This is a problem that requires the assistance of a local attorney. I suggest that you engage a local attorney to walk you through this process. ...
Yes, you can apply for an ITIN for your nonresident spouse. That is exactly why you should apply for an ITIN.
I am not familiar with this type of tax. We do not have this in California. I think it would be a good idea for you to buy an hour of time with a...
You can still propose a settlement with the BOE and if that is rejected file an offer in compromise. You can do this on your own or hire a tax...
The deduction for property taxes does not include taxes imposed for local benefit. Only the portion imposed on the interests in real property and...
Yes, the fair market value of the S-Corporation ownership would be included in the gross estate of the decedent. The estate may or may not be...
Your situation should be reviewed by a tax professional to determine what your options are at this point and where you are at procedurally with the...