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Is it wise to keep a company that will no longer have any activity? and file zeroes on all its tax returns? Dissolving it might incur a higher one time cost. The company in question is a delaware c corp.

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3 Answers

I'd do a present cost analysis and go with whatever is cheaper. Unless there is a way to avoid whatever costs are associated with dissolution, sooner or later you're going to have to pay them.

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If it "will no longer have any activity" then close it properly. There are always costs in keeping it going. If you miss a filing you will incur penalties. Besides, it will keep you distracted. And, eventually you will have to close it anyway.

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It's better to dissolve the company if the point of the company will no longer be to make money. You can easily incur IRS penalty's if you're not making a good faith effort to make money.

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