Not really...except that it makes the Corp much more likely to having to answer many nasty grams and issues with the IRS generally. Also the States may have penalties and more. If the Co is dormant - and I think "inactive", with no $ or transactions....filing a return is basically a few minutes...name, address, ID and zeros....so why not do it? There is a box to check claiming inactive I believe.
No penalty..but the return may be considered incomplete and not filed...which could cause late filing penalties and interest to be charged.
Fix the one that is wrong!
that is the question what filing status get more federal tax credit
Not the federal filing date. Check with your state for state filing dates.
the government
No penalty..but the return may be considered incomplete and not filed...which could cause late filing penalties and interest to be charged.
There are options, but generally a Corporation will file in the Federal District Court (BK is always in a Federal Court), in the State that it was chartered. Hence, a lot of Corp BKs are in Delaware which has historically been a preferred state to incorporate in.
When filing a late IRS form, you will receive a letter that will tell you whether you will owe a penalty. This will depend on how late it is and the circumstances.
There are federal laws which cover this eventuality - HOWEVER - they are not uniform in penalty for ALL federal employees. (e.g.: Those federal employees who exercise regulatory or law enforcement power are more protected than (for instance) a clerk who works filing papers in a federal office somewhere).
No penalty will be charged when you are due a refund and fail to do so.
The penalty in the state of Florida for filing a false police report is charged with a misdemeanor and faces a penalty of a fine and or jail time depending on their past criminal history.
Fix the one that is wrong!
that is the question what filing status get more federal tax credit
If the corporation is filing using the incorrect form, the IRS will force them to use the correct form, as the company must disclose its form of business when applying for an EIN.
You can file your federal taxes at http://www.irs.gov/efile/index.html. From here, you can choose an option for filing. Some are free and some require a small filing fee.
You form the corporation by filing incorporation documents with a state and paying.
Not the federal filing date. Check with your state for state filing dates.