As year's end approaches, it's a good time to consider dissolving and winding-up the affairs of unused corporations and Limited Liability Companies, thereby avoiding taxation for 2009.
Similarly, if you're considering starting a new corporation or LLC, you may wish to realize the expenses associated with corporate start up in 2008 by getting things underway before December 31. In California, articles of Incorporation and/or organization can be filed after December 15th, with no minimum tax due for 2008 (and sometimes for 2009, also).
My office can help you decide when and how to organize your new business, close an old one, and everything in between. Call us for a year-end legal check-up.