Can I abandon an LLC that's FTB suspended?
The $800 LLC minimum tax is not a personal liability. Even the FTB admits on its website that "In general, all the owners (members) are shielded...
Sacramento, CA
Tax Lawyer at Sacramento, CA
Practice Areas: Tax, Government, State, Local And Municipal Law
The $800 LLC minimum tax is not a personal liability. Even the FTB admits on its website that "In general, all the owners (members) are shielded...
If you did not file a FINAL California return for 2004, there is no statute of limitations so the FTB had the right to assess you. Having said...
I agree with Mr. Underwood above, but I would add that you will also be subject to a California early withdrawal penalty of 2.5% if you are under...
If it is the FTB, you need to call the Collections Unit at 800-689-4776 or 916-845-4470 and arrange for an installment payment plan. If you make...
You have lots of issues here that cannot be addressed completely in Avvo so I highly recommend that you talk to a CPA, accountant or tax attorney...
Yes; there is nothing to prevent your doing so under the law.
The $800 LLC minimum tax is not a personal liability. Even the FTB admits on its website that "In general, all the owners (members) are shielded...
The $800 LLC minimum tax is not a personal liability. Even the FTB admits on its website that "In general, all the owners (members) are shielded...
The FTB will continue to send you notices related to the Annual LLC Tax due plus interest and penalties, but this liability for the minimum tax is...
Yes; the EDD can open another audit while one is ongoing.