My question involves business law in the state of: New York
Hi:
1)I have one business in my mind. I am considering to purchase it. Now Before I approach the person, I want to get maximum possible information for the business. I can search basic information about business from NY state DOS website. I can see if any pending warrant or not? But I can not see weather that business is filing their tax return , which kind of entity , like S , C or LLC corp and other details .
So how can I geet those information? How can I know weather they filed their all tax return with IRS or not?
2) With one S corp due to some misunderstanding, no tax returns were filed since 2005. Corp is declared NACTIVE - Dissolution by Proclamation / Annulment of Authority. in 2010
I was considering to bring that corp into life. But before that I do not know how much cost is involved with that . Can Anyone advise me for all possible factors to be considered? And to estimate how much cost is involved?
Hi:
1)I have one business in my mind. I am considering to purchase it. Now Before I approach the person, I want to get maximum possible information for the business. I can search basic information about business from NY state DOS website. I can see if any pending warrant or not? But I can not see weather that business is filing their tax return , which kind of entity , like S , C or LLC corp and other details .
So how can I geet those information? How can I know weather they filed their all tax return with IRS or not?
2) With one S corp due to some misunderstanding, no tax returns were filed since 2005. Corp is declared NACTIVE - Dissolution by Proclamation / Annulment of Authority. in 2010
I was considering to bring that corp into life. But before that I do not know how much cost is involved with that . Can Anyone advise me for all possible factors to be considered? And to estimate how much cost is involved?
Business Ownership: How to Do Background Check for a Business Before We Propose to Purchase
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