Corporate Tax Help - Advice and company tax filings for older LLC "corporation" with losses and tax returns never filed.
Budget: $250 – $750 USD
We have an investment company LLC "corporation" formed in 2007 in Florida USA that performed no services but only received k1 losses each year until a Final Deficiency Judgement (loss) was issued in 2014. No tax returns were ever filed on the LLC.
I am seeking tax advice regarding the following:
1. Is it too late to file back tax returns to receive those K1 losses (is there a statute of limitations on company K1 losses)?
2. The formation of the LLC in 2007 is a corporate entity in Florida, USA. I am hoping we can file taxes just on the LLC and keep losses inside the LLC rather than transfer to the LLC owner so as to not complicate the owner's tax returns during those years.
3. Can you help me perform the filings for those years and what would be the cost?
I am seeking tax advice regarding the following:
1. Is it too late to file back tax returns to receive those K1 losses (is there a statute of limitations on company K1 losses)?
2. The formation of the LLC in 2007 is a corporate entity in Florida, USA. I am hoping we can file taxes just on the LLC and keep losses inside the LLC rather than transfer to the LLC owner so as to not complicate the owner's tax returns during those years.
3. Can you help me perform the filings for those years and what would be the cost?