Get Closing Business Declaration - City Of Berkeley - Ci Berkeley Ca

Filling out the Closing Business Declaration is an important step for businesses that are ceasing operations or transferring ownership. This guide provides clear, step-by-step instructions to complete the form accurately and efficiently online.

Follow the steps to easily fill out the Closing Business Declaration.

1. Press the ‘Get Form’ button to retrieve the document and open it for editing.
2. Begin with the business license number and business location. These fields must be filled accurately to ensure proper processing of your declaration.
3. Complete the mailing address section. Include the business name, owner name, street address, city, state, and ZIP code.
4. Input the business's tax code in the designated field.
5. Provide a contact phone number to facilitate any necessary follow-up communications.
6. Enter the business email address and/or website. This ensures you receive important notifications.
7. Indicate how you file business taxes by checking the appropriate box for either Federal Employer Identification Number (FEIN) or Social Security Number (SSN).
8. Enter the Federal Tax ID if you selected FEIN in the previous step. If you selected SSN, enter the Social Security Number instead.
9. Specify the date when the business officially closed or the property was sold, using the provided format.
10. Input the total gross receipts for the year 2014. Make sure to enter all relevant revenue before your closing date.
11. If applicable, enter allowable deductions according to the specific tax codes. Ensure to attach any required documentation if claiming deductions.
12. Calculate the taxable gross receipts by subtracting deductions from gross receipts. Enter the result in the designated field.
13. Multiply the taxable amount by the appropriate tax rate to determine the business license tax due.
14. Include the $1 state mandated disability access fee as part of your calculation.
15. Add any additional license fees that may apply to your business. This could include local Business Improvement District fees.
16. Total all amounts owed from the previous calculations to find the total amount due. Make sure all calculations are accurate.
17. Sign the declaration affirming that the information provided is true and correct, and include the date of submission.
18. Once you have filled out the form completely, save your changes, download the file, print it if necessary, or share it as required.

Complete your Closing Business Declaration online today to ensure a smooth and compliant closure process.