Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 02-01-2010, 12:21 AM
Junior Member
Join Date: Feb 2010
Posts: 1
C- Corp liability

I own 49% of a small C Corp. I am not on the board of directors. The businesses under the C Corp were sold in o8. It is now just a shell. The CEO (my business partner) has not paid the corporation's 2008 taxes or filed a termination of the C Corp. Can the IRS come after me? He has no assests, I do.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Undissolved "S" Corp -NYS Tax Assessment Liability Letter ScorpTerminator S-Corporation 3 12-25-2013 08:16 PM
Insolvency liability Question goochman00 Income 1 02-11-2009 12:12 PM
Tax Liability for Offshore Corporations Beth Remick C-Corporation 0 11-04-2008 10:46 PM
How does one pay for their Corporation tax liability? marian C-Corporation 1 03-17-2008 10:50 PM
Limited Liability Company merryjay Limited Liability Company 2 01-24-2007 02:21 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning