Incorrect. I own a single member LLC in CA and very simply must pay an $800 charge to operate. This is a charge completely separate from taxes owed.
I know because for a couple years I didn’t owe any state business taxes and thought I didn’t have to pay the $800. I was wrong and had to back pay those charges plus interest. It sucked.
I know because for a couple years I didn’t owe any state business taxes and thought I didn’t have to pay the $800. I was wrong and had to back pay those charges plus interest. It sucked.