Capital loss and make company inactive?

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!
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On Sep 10, 11:39 pm, snipped-for-privacy@yahoo.com wrote:

There are ways to use a c corp loss to offset other income but the rules are complicated. You could ask in tax group (misc.taxes.moderated) but your best advice may be to seek a qualified tax professional before she closes the books and the corporation is not legally registered in the state.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

thanks, I posted same question there any pointer will be appreciated
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
yep, when you go to shift % of ownership, the IRS hase some rules that kick in and cause many issues to arise...map out the plan w/care...as much $$ can be at stake...

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Site Timeline

BeanSmart.com is a site by and for consumers of financial services and advice. We are not affiliated with any of the banks, financial services or software manufacturers discussed here. All logos and trade names are the property of their respective owners.

Tax and financial advice you come across on this site is freely given by your peers and professionals on their own time and out of the kindness of their hearts. We can guarantee neither accuracy of such advice nor its applicability for your situation. Simply put, you are fully responsible for the results of using information from this site in real life situations.