Employment Law Questions? Ask an Employment Lawyer.
I work at a jewelry store that is family owned and set up as a corporation. My employer is having serious health issues and is having a going out of business sale soon. I do have a copy of the plan...somewhere...lol, but thought maybe there was a general rule. Is it considered a profit if you sell everything down to the bare walls and dissolve the corporation?
Thank you for the information. I appreciate your time.