Santa Monica, CA asked in Business Law for California

Q: My LLC has not been operating or earning any money for years yet I keep receiving these notices for unpaid fees.

The notices are from the State of CA franchise tax board and the amount keeps increasing. I was advised to ignore but the amount keeps increasing and it is scary. We never earned any money!

Related Topics:
1 Lawyer Answer
Thomas A. Grossman
Thomas A. Grossman
Answered
  • Palm Springs, CA
  • Licensed in California

A: My guess is that you have to file some kind of form with the California Dept. of Corporations similar that will act as a "Dissolution of the LLC." Otherwise the State of California will keep sending you the tax bill. Even if you made no money, I believe you could still owe the Dept. of Corporations some kind of annual fee. I suggest you go on the California Dept of Corporations website and you will find the answer.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.