Hi, asking a question for a friend:
her company (c corp in new york) has big capital loss, she plans to
retire so wants to shut down the company, but that will "waste" the
capital loss, so the questions are:
1. is there a way to make use of the capital loss, any financial
instrument or something like that?
2. if no, what about if she makes the company inactive, just hold some
stocks and hopefully the stocks will appreciate in value thus offset
by the captital loss
3. is there annual cost of an inactive company? does she need to file
tax (and pay high CPA fee) annually still?
thank you very much!
- posted 12 years ago