IRS Business Closing Task List

From the IRS: A List of Tax Tasks to Complete

___ Make final federal tax deposits.

___ File final quarterly or annual employment tax form.

___ Issue final wage and withholding information to employees.

___ Report information from W-2s issued. (If applicable, file final tip income and allocated tips information return. )

___ Report capital gains or losses.

___ Report partner’s/shareholder’s shares.

___ File final employee pension/benefit plan.

___ Issue payment information to sub-contractors.

___ Report information from 1099s forms issued.

___ Report corporate dissolution or liquidation.

___ Consider allowing S corporation election to terminate.

___ Report business asset sales.

___ Report the sale or exchange of property used in your trade or business.

___ Close your Employer Identification Number (EIN) by contacting the IRS.

 

NJ NY Law irs closing list

Copyright © 2014 Bonfiglio & Asterita, LLC. All Rights Reserved. Attorney Advertising prior results do not guarantee a similar outcome. Be sure to visit Bonfiglio and Asterita, LLC NY Attorneys at Law on Google Plus Also visit Bonfiglio and Asterita, LLC NJ Attorneys at Law on Google Plus

 

Chamber of Commerce, Bonfiglio Asterita Law

Log in with your credentials

Forgot your details?