Comments on: If corporation have no business at all should it file federal income tax? http://www.moneysnatchers.com/news/if-corporation-have-no-business-at-all-should-it-file-federal-income-tax/ Thu, 10 Dec 2009 09:16:56 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: STEAKMO http://www.moneysnatchers.com/news/if-corporation-have-no-business-at-all-should-it-file-federal-income-tax/#comment-104 STEAKMO Fri, 12 Dec 2008 02:38:35 +0000 http://www.moneysnatchers.com/united-states/if-corporation-have-no-business-at-all-should-it-file-federal-income-tax/#comment-104 C Corps are required to file a tax return whether or not they have taxable income unless they are tax exempt. Corp returns are actually due March 15th, not April 15th. The minimum penalty for a return that is over 60 days late is the smaller of the tax due or $100. C Corps are required to file a tax return whether or not they have taxable income unless they are tax exempt. Corp returns are actually due March 15th, not April 15th.

The minimum penalty for a return that is over 60 days late is the smaller of the tax due or $100.

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