George4Tacks
Level 15
07-01-2021
12:27 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
File the 568 for all years subsequent to the original. I some cases FTB may abate the penalties https://www.ftb.ca.gov/pay/penalties-and-interest/help-with-penalties-and-fees.html and the FTB resource for what is reasonable cause.
There is no federal filing, other than the 1120S.
I agree with @qbteachmt that the election to put the real property into a corporation was very likely not the wisest choice, but the client selected the attorney and paid that person to set this up. It is not our job to ...
Answers are easy. Questions are hard!