NY state s-corp --
I started the company a few years ago but have done absolutely nothing with it. I think there's a bank acct with $50 in it that I put in myself. There has never been any business b/c I couldn't get it going...thought I was going to have investors.
Anyway, I want to dissolve the company. But that costs money. And there's minimum 2006 taxes. My accountant said it would be okay to simply ignore all IRS letters from now on, since I don't have any assets and I'm not personally liable. Just wanted to get a 2nd and maybe 3rd opinion on that...would really like to just let it all slide, that would obviously be easiest.
Thanks for your advice!
name of state: NY
I started the company a few years ago but have done absolutely nothing with it. I think there's a bank acct with $50 in it that I put in myself. There has never been any business b/c I couldn't get it going...thought I was going to have investors.
Anyway, I want to dissolve the company. But that costs money. And there's minimum 2006 taxes. My accountant said it would be okay to simply ignore all IRS letters from now on, since I don't have any assets and I'm not personally liable. Just wanted to get a 2nd and maybe 3rd opinion on that...would really like to just let it all slide, that would obviously be easiest.
Thanks for your advice!
name of state: NY