Steve Sims EA llc

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When you're done doing business in California you need to formally “Get Out”!

When a business entity closes and no longer does business in California they must terminate their legal existence here by dissolving, surrendering, or canceling their business. Failure to terminate your legal existence in California could result in a minimum tax of $800 per year.

Check out this link for the requirements necessary to close a business entity in California: https://www.ftb.ca.gov/businesses/faq/Closing_a_Business_Entity.shtml?WT.mc_id=Business_Popular_Closing#

If you don't want to read about it check out this YouTube video:

https://youtu.be/jCN66lkWhO4

If you would like me to handle it call 916-961-7735 or email me at steve@stevesimsea.com