Struggling to pay rent or utilities because of COVID-19? Emergency help may be available.
Watch this video to understand the steps you can take to notify the IRS that your business has closed. You must file an annual return for the year you go out of business. The IRS will presume that the business is open and still operating but not paying taxes unless you file a final return. If you have questions about your own situation you should talk to a lawyer. You can apply for help from Legal Aid of West Virginia to see if we can assist you.