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November 2012 Follow Tax News on Twitter at twitter.com/CA FTBTaxNews E Contents Page Reminder, Take a Quick Survey to Help Us Help You 2 Keeping Good Records of Your Credits 2 California s 15-Day.

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How to fill out the FTB 3557 BC online

Completing the FTB 3557 BC form online can streamline your tax processes and ensure accuracy. This guide provides a step-by-step approach to effectively fill out the form, tailored for users of all experience levels.

Follow the steps to fill out the FTB 3557 BC form online.

  1. Click the ‘Get Form’ button to access the document and launch it in your preferred editing application.
  2. Begin by entering your personal information. Include your name, address, and taxpayer identification number in the designated fields.
  3. Next, move to the section regarding your business details. Provide the name of your business entity, business address, and entity type as requested.
  4. In the income section, accurately report your gross income for the applicable tax year. Ensure that these figures are supported by relevant documentation.
  5. Proceed to the deductions section. Carefully itemize any eligible deductions you wish to claim, such as business expenses.
  6. Lastly, review all entered information for completeness and accuracy. Make any necessary adjustments before finalizing the form.
  7. At the end of the process, save your changes, download a copy of the form for your records, and print or share it as required.

Complete your documents online for a more efficient tax filing experience.

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If the LLC was suspended by the Secretary of State simply because it failed to file, or update, the Statement of Information, you may revive the LLC simply by sending a letter to the Secretary of State along with the delinquent Statement of Information and the payment of any filing fees ($20), penalties ($250), and ...

When your business has been suspended or forfeited, it is not in good standing and loses its rights, powers, and privileges to do business in California. To revive your business and be in good standing, you must: File all past due tax returns. Pay all past due tax balances.

A SOS/FTB Suspended designation essentially means that the business entity has been suspended by the California Secretary of State. ... Most importantly, a suspended business entity loses many of its powers, rights and privileges within the State of California.

A corporation suspended by the FTB can be revived by filing an Application for Revivor on FTB Form 3557. To begin one calls the FTB Revivor Unit at 888-635-0494 to determine exactly what the FTB believes is required to revive the corporation.

Suspension means the corporation loses its rights to its name. In California it's also a crime (a misdemeanor) for someone to transact, or try to transact, business through a suspended corporation. Contracts involving a suspended corporation can be voided and it can't sue or defend itself against lawsuits.

Reinstating a California LLC requires filing a Statement of Information (Form LLC-12) with the California Secretary of State. Reinstatement with the Franchise Tax Board (FTB) may also be necessary by filing LLC Application for Certificate of Revivor (Form FTB-3557).

A SOS/FTB Suspended designation essentially means that the business entity has been suspended by the California Secretary of State. ... If the business entity is a tax-exempt organization, e.g., a 501(c)(3), the California Franchise Tax Board (the FTB ) may also revoke such tax-exempt status.

Reviving an Entity Through the Secretary of State Entities labeled as SOS Suspended are suspended by the California Secretary of State for failing to file a Statement of Information. These entities can be revived by paying a penalty, which is typically $250, and filing the missing Statement(s) of Information.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232