My question involves business law in the state of: New York
If an S-Corporation files its 1120S late for several years in a row, and owes a large sum of late filing penalties ($10,000) plus interest, if the S-Corp were to be dissolved, would the shareholders be personally liable to pay those late filing penalties?
If an S-Corporation files its 1120S late for several years in a row, and owes a large sum of late filing penalties ($10,000) plus interest, if the S-Corp were to be dissolved, would the shareholders be personally liable to pay those late filing penalties?
Are the Shareholders of an S-Corporation Personally Liable for Late Filing Penalties
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