Absolutely...by March 15 if a calander year reporter.
They obviously file and pay lots of taxes through the year.
Yes, or else you'd be commiting tax evasion.
That depends on your country.
File an 8832, apply for a new EIN. Get a CPA there are some tricky tax treatmetns, look up BIG tax.
You have to file every year if Alabama has a state income tax and you made the required amount of money or had state income tax taken out of your pay.
assuming you are talking about the US.no. in the US you file every year
some do but you have to file a 2007 tax return even if you donot file every year
When a person does not file their income tax return every year, there will be a penalty. An income tax shows the amount of how much the person has earned for the year.
An LLC can elect how it will be taxed, as a Corp or Partnership...and of course the forms follow.
Corporations must file Federal tax returns every year, regardless of income or loss. The same is true in most states.
Yes just use the last years tax forms for this purpose. In the year 2010 you would use the 2009 tax forms to file for the 2009 tax year income tax return.
“need to file last year's and this year's CT State tax only???”
Up to a certain point. You are responsible to file a tax return every year. If you don't the IRS will file it for you in the worst possible manner. You can file the correct return, but can only claim a refund for the current year plus the previous two years. Anything before that you are liable for taxes but cannot claim a refund.