The Most Aggressive Tax Representation Allowed By Law

It's Time to Solve Your Tax Problem

Emergency, Evening and Early Morning Appointments Available 

 

For a Personal and Legally Privileged Consultation in our New York City Offices call (212) 974-3435 Payroll Taxes, Trust Fund Recovery Cases, Income and Sales Tax Controversies. We negotiate Payment Plans, compromise Tax Debts, and resolve all Civil and Criminal tax issues, including Innocent Spouse Relief and Separation of Liability. Selig & Associates provides the most aggressive Tax Representation allowed by law. 

 

     

Selig & Associates represents Business-Owners, Medical Practices, Contractors, Subcontractors, Day-Care Providers and Minority and Women Owned Businesses before the Internal Revenue Service, New York State Department of Taxation and Finance, New Jersey Division of Taxation, Department of Justice Tax Division and the Defense Office of Hearings and Appeals.

 

Are you ignoring your Tax Problem?

Emergency, Evening and Early Morning Appointments Available 

 

Call us Directly (212) 974-3435

 

 

We Represent Minority and Woman-Owned Businesses

We Help People with Tax Problems Qualify for the Contracts they Need 

 

22.09.2017
The Most Aggressive Tax Representation Allowed by Law
No comments
There are typical actions that are taken when closing a business. You must file an annual return for the year you go out of business. If you have employees, you must file the final employment tax returns, in addition to making final federal tax deposits of these taxes. Also attach a statement to your return showing the name of the person keeping the payroll records and the address where those records will be kept. The annual tax return for a partnership, corporation, S corporation, limited liability company or trust includes check boxes near the top front page just below the entity information. For the tax year in which your business ceases to exist, check the box that indicates this tax return is a final return. If there are Schedule K-1s, repeat the same procedure on the Schedule K-1. You will also need to file returns to report disposing of business property, reporting the exchange of like-kind property, and/or changing the form of your business. If you do not have a pre-printed envelope in which to send your taxes, refer to the Where To File page for a list of addresses. Below is a list of typical actions to take when closing a business, depending on your type of business structure: Checklist Make final federal tax deposits Electronic Federal Tax Paying System (EFTPS) File final quarterly or annual employment tax form. Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return(PDF) Form 941, Employer's Quarterly Federal Tax Return (PDF) Form 943, Employer's Annual Tax Return for Agricultural Employees (PDF) Form 943-A, Agricultural Employer's Record of Federal Tax Liability (PDF) Issue final wage and withholding information to employees Form W-2, Wage and Tax Statement (PDF) Report information from W-2s issued. Form W-3, Transmittal of Income and Tax Statements (PDF) File final tip income and allocated tips information return. Form 8027, Employer's Annual Information Return of Tip Income and Allocated Tips (PDF) Report capital gains or losses. Form 1040, U.S. Individual Income Tax Return (PDF) Form 1065, U.S. Partnership Return of Income (PDF) Form 1120 (Schedule D), Capital Gains and Losses (PDF) Report partner's/shareholder's shares. Form 1065 (Schedule K-1), Partner's Share of Income, Credits, Deductions, etc. (PDF) Form 1120S (Schedule K-1), Shareholder's Share of Income, Credits, Deductions, etc. (PDF) File final employee pension/benefit plan. Form 5500, Annual Return/Report of Employee Benefit Plan Issue payment information to sub-contractors. Form 1099-MISC, Miscellaneous Income (PDF) Report information from 1099s issued. Form 1096, Annual Summary and Transmittal of U.S. Information Returns(PDF) Report corporate dissolution or liquidation. Form 966, Corporate Dissolution or Liquidation (PDF) Consider allowing S corporation election to terminate. Form 1120S, Instructions (PDF) Report business asset sales. Form 8594, Asset Acquisition Statement (PDF) Report the sale or exchange of property used in your trade or business. Form 4797, Sales of Business Property (PDF) Emergency, Evening and Early Morning Appointments Available ·         For a Personal and Legally Privileged Consultation in our New York City Offices call (212) 974-3435 Payroll Taxes, Trust Fund Recovery Cases, Income and Sales Tax Controversies. We negotiate Payment Plans, compromise Tax Debts, and resolve all Civil and Criminal tax issues, including Innocent Spouse Relief and Separation of Liability. Selig & Associates provides the most aggressive Tax Representation allowed by law. 

 

(212) 974-3435

 

Qualify Us Now! ProView

Disclaimer: The information on this website is not intended to and does not offer legal or tax advice, legal or tax recommendations, or legal or tax representation on any matter.  Hiring a tax practitioner and attorney is an important decision, which should not be based on advertising. Selig & Associates, Inc., is not a law firm; does not practice law and does not give legal advice.  All trademarks used or referred to on this website are the property of their respective owners. 

Print Print | Sitemap Recommend this page Recommend this page
© Selig & Associates