State Tax for Foreign LLCsAnswered

What penalties do states impose on foreign-owned LLCs for late tax filing?

JK
jihye_kr_2ee8new member
October 6, 2024 678 views 1 answer
state taxpenaltieslate filingCaliforniaNew Yorkforeign LLC

I missed filing my California LLC return and my New York nonresident return last year. I'm a non-resident alien from South Korea with LLCs in both states. How bad are the penalties? Can I still file late? Is there a way to reduce the penalties?

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