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Recent Franchise Tax questions

A tax payer formed an LLC in the state of Texas. Can the tax

a tax payer formed an LLC in the state of Texas. Can the tax payer file a schedule C for the federal tax return and retain the LLC status in the state of texas

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Matthew Breecher

President

MBA (Graduate Legal Studies)

324 satisfied customers
I was trying to file a delaware franchise tax return +

i was trying to file a delaware franchise tax return + annual report and I saw that the person filing the report does not have to provide any kind of authentication at the time of filing. Is this correct? Or have I missed anything?

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Stephen G.

Sr Financial & Tax Consultant

Bachelor's Degree

11,130 satisfied customers
I have a C-corp incorporated in DE, registered to do

i have a C-corp incorporated in DE, registered to do business in CA. the company is a mobile app development company.we an office in San Francisco which we use for meetings, but no revenue is generated in SF, nor do we have any employees/payroll run out of our SF location.1. do we need to register our business in SF?2. what is our annual fee to do so if #1 = yes.

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Matthew Breecher

President

MBA (Graduate Legal Studies)

324 satisfied customers
It is about single entity LLC tax for state of california

It is about single entity LLC tax for state of california Can you help me?JA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: I received letter for FTB. I thought I filed everything. So want to talk to someone to know exactly what are all that I need to file.JA: Is there anything else important you think the Accountant should know?Customer: not right now How does this work?

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Matthew Breecher

President

MBA (Graduate Legal Studies)

324 satisfied customers
Are you familiar with California Franchise taxes and non

are you familiar with California Franchise taxes and non california S corpsJA: No. I'm the Accountant's Assistant.Customer: ok, thanks anywayJA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: well 310 dollars was taken out by the Franchise tax Board on money paid to my corporation on a 592 B form and I don't know where to deduct it on form 100s so instead of only taking 800, they took 1000JA: Is there anything else the Accountant should be aware of?Customer: Not that I know of

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Arthur Rubin

Doctoral Degree

1,872 satisfied customers
I live in California I mailed both my federal and state tax

Hi, I live in California I mailed both my federal and state tax returns they still have not been delivered the USPS is looking for them they were postmarked April 17, 2017 and have tracking numbers do I need to call the IRS and Franchise Tax Board?

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Barbara

Enrolled Agent, Paralegal

6,504 satisfied customers
I incorporated an S-Corp in DE on 10/9/2014, and it never

I incorporated an S-Corp in DE on 10/9/2014, and it never had any assets and I'd like to dissolve it. I paid the annual DE franchise fee, but I never filed tax returns. I want to dissolve it now in DE, but I think I should file a Form 966 dissolution with the IRS, since I have an EIN, but how to do that without ever having filed an 1120S tax return?

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PDtax

Owner

Master's Degree

7,968 satisfied customers
My father has been deceased since June 29, 2012. I just

My father has been deceased since June 29, 2012. I just found out that the Franchise Tax Board has filed a lien against property he never owned for unpaid income tax. As executor of his estate, what are my legal obligations?JA: The Accountant will know how to help. Is there anything else the Accountant should be aware of?Customer: not to my knowledge

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

21,922 satisfied customers
I need help with 1120 for a C corp plus California. I have

I need help with 1120 for a C corp plus California. I have previous years' returnes but am completely puzzled by a balance sheet that doesn't balance, estimated tax payments that are incorrect, etc. Can I pay for a phone appointment? I am using TaxAct.JA: The Accountant will know how to help. Is there anything else the Accountant should be aware of?Customer: no

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PDtax

Owner

Master's Degree

7,968 satisfied customers
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