Franklin Accounting, Inc. (Est 1969)
Peggy Johnson CPA, P.C.
Custom Tax Service
Briscoe Tax & Fiduciary Services, LLC
Wait a minute. He used the magic words "share holders." That changes almost everything: 1) the 'owner' is not an owner by the majority shareholder, which means, even if proforma in nature, the shareholders have to approve dissolution of the corporation,...
Most states require that a business entity that is licensed, chartered, or incorporated in that state, file an annual report, whether or not it is an informational return, financial document or other required document.
In some states you have to look to the state of the source income. It may not matter which state he lived in. (just asn example using the two states) If he had earned income in NJ from an NJ employer, even though he lived in MD, NJ will tax the income...
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