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Old 08-07-2014, 10:27 AM
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S Corp Dissolved in 2008 - Now IRS charging $14000 in penalties due to new acctnt back filing tax returns

In 2005 my husband and I opened a Corporation. There was never any activity on the corporation. In 2008 our accountant dissolved the corporation. The corporation had no property and no bank account. Fast forward to October 2013 when we hired a new accountant and opened a restaurant. Our new accountant had us to file back income tax returns to 2008. We now have a bill from the IRS for over $14000 for penalties and interest. I spoke with our rep at the IRS and she confirmed that our old accountant had in affect did what they were supposed to do and dissolved the corporation.

The new accountant did not call the IRS and confirm that the corporation was dissolved and when they had us to back file the tax returns it opened a big can of worms with the IRS.

The IRS rep told me she needs something showing we did in actually close the corporation. I do not know of anything we have as there was no bank account and no property. She also stated she needs something showing where we in affect re-opened the corporation. I have something from our bank where we added the dba name to a checking account but not the corporation.

We really need help with this.


Last edited by momoffive : 08-07-2014 at 11:47 AM. Reason: Give a better title


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