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    blindmaker's Avatar
    blindmaker Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jun 12, 2010, 07:13 PM
    Can I disolve my s corp to avoid my sales tax assessment
    First off, I realize this is wrong, but it's been a very tough few years and I could just use some straight up advice and a little compassion :). I just underwent a sales tax audit on my S corp and owe 74K. I've been struggling anyway and am basically forced to close the storefront (too much overhead) and run the biz out of the house. I'd disolve the S Corp to avoid the tax debt and start a new llc or something simple but keep the DBA, phone numbers, etc. Can this tax assessment come back and bite me in my "new" business? I simply can't afford to retain an attorney for the answers that's why I'm here. Thanks so much.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jun 15, 2010, 02:57 PM
    When it comes to tax collections, states can seuccessfulty peirce the corporae veil and hold the corporate officers responsible for the states not, paid.
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