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    wilsongaona's Avatar
    wilsongaona Posts: 1, Reputation: 1
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    #1

    Dec 18, 2006, 05:34 PM
    Closing a S corporation
    I have a S corporate but I closed the business so I need to know what should I do to close the business in the IRS and what else I need to do?
    Thanks for your Help :)
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Dec 19, 2006, 01:13 AM
    If you have paid all of your taxes and paid all of your creditors, you are done.

    Keep the business as a 0 business and submit forms of $0 income to the IRS in future years, but in the mean time, you can always start the business back up in the future.
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