I filed my final tax return in 2011 for an S Corp and was active up until the filing. If the SOS dissolves the corporation administratively in 2012, do I still need to file Intent to dissolve etc? I chose not to pay the annual registration for 2011 since officially, business was closed Dec 31st 2010. Pls help.
Reply : infotaxsquare.com
How To Dissolve An S Corporation With The Secretary of State (SOS)?
An intent to dissolve a company along with the final return is filed with the secretary of state to properly cancel an S Corporation with the SOS of any states of the USA.
Requirement to dissolve an S Corporation:
Stockholder consent is required to dissolve an S Corporation.
An S corporation must be in good standing otherwise the SOS will not dissolve the corporation.
A final corporation return must be filed before filing a dissolution along with all prior dues.
A letter of consent or a clearance letter is issued by the SOS in order to dissolve a corporation.