What are the consequences of not dissolving a C Corporation in State of NJ? I have a C Corporation in the State of New Jersey and have not filed a tax return due to lack of any material activity. Further, I don't envisage any future activity from this entity.
I understand that the formal dissolution process is expensive, so what would be the consequences not formally dissolving this corporation in State of New Jersey.
Your advice in this matter is greatly appreciated!
Thanks. |