Foreign Owned LLC Now Active after 5 Dormant Years, Need to file NIL Income Taxes
I have a single member LLC created in 2019. I am in good standing at the state level, but have never filed taxes Federally with the IRS. I have had NO business income during this time. My company will finally be active this year, and I need to get my house in order. What should I do? **Note my LLC is foreign owned - I am a Canadian citizen and resident who does business in the US and MIGHT relocate officially in the next 3 to 4 years.
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