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Llc Lazy Issue

Business Law discussions

Llc Lazy Issue

Postby Crosleigh » Fri Apr 25, 2014 5:21 pm

For around 9 years now my spouse and that I have possessed a Connecticut LLC (pc consulting solutions) taxed like a Relationship (1065). It's averaged over 0E in earnings-per year-over the past 9 decades. This season I got employment being an employee therefore don't anticipate having any income for the LLC. Easily wish to keep it open and never utilize it what process would you suggest to create it lazy but maintain it "start"? Next year after I record a Relationship 1065 (both National and CT Condition) may heading from 0K+ to $0 or perhaps a somewhat unfavorable profits (Ct annually processing costs and necessary LLC duty is all that people may declare) increase a red-flag using the government?
Crosleigh
 
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Joined: Wed Apr 16, 2014 12:22 am

Llc Inactive Question

Postby Mike » Fri May 02, 2014 8:24 pm

As long as the relationship stays effective (i.e. the LLC isn't mixed) then it'll have to file An Application 1065. ?Next year after I record a Relationship 1065 (both National and CT Condition) may heading from 0K+ to $0 or perhaps a somewhat unfavorable profits (Ct annually processing costs and necessary LLC duty is all that people may declare) increase a red-flag using the government??I would recommend fixing a declaration towards the return detailing the organization turned essentially inactive by whichever day you wind-down procedures. That, combined with T-2 you'll have in your 1040, must sufficiently show the government what occurred below. The government may nevertheless ask to confirm precisely what occurred, however it shouldn't be considered a huge package to fulfill the government that anything is fine.
Mike
 
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Joined: Sun Jan 12, 2014 9:11 am

Llc Inactive Question

Postby Radbert » Wed May 07, 2014 10:01 pm

Do you know if there is such a thing as putting it in "inactive" status so I won't have to pay the yearly $250 Business Entity tax?
Radbert
 
Posts: 44
Joined: Sat Mar 08, 2014 12:46 am


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