EIN and sole proprietorships but no incomes and expenses
I have run a small business in the past but this year I had no income or expenses from the business. Is it necessary that I file a Schedule C? or report that to IRS?
Thank you for your questions. You should check with your local accountant or tax professional regarding your particular financial situation.
We also have a great articles for sole proprietors and small businesses you can check out below.
Sole Proprietorship Taxes: Rates, Deadlines, Benefits & Forms
Small Business Bookkeeping, Accounting & Tax Guide
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