Form BUS-FIN Declaration of Final Business Activity - West Virginia

What Is Form BUS-FIN?

This is a legal form that was released by the West Virginia State Tax Department - a government authority operating within West Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the BUS-FIN Declaration of Final Business Activity?
A: The BUS-FIN Declaration of Final Business Activity is a form used in West Virginia to declare the final activity of a business.

Q: Who needs to file the BUS-FIN Declaration of Final Business Activity?
A: Any business that is permanently ceasing operations or going out of business in West Virginia needs to file this form.

Q: Are there any filing fees for the BUS-FIN Declaration of Final Business Activity?
A: No, there are no filing fees associated with this form.

Q: When should I file the BUS-FIN Declaration of Final Business Activity?
A: The form should be filed within 30 days of the final activity of the business.

Q: What information do I need to provide on the BUS-FIN Declaration of Final Business Activity?
A: You will need to provide details about the business, including its name, address, federal employer identification number (EIN), and reason for ceasing operations.

Q: What happens after I file the BUS-FIN Declaration of Final Business Activity?
A: Once the form is filed, the West Virginia State Tax Department will update their records and close your business account.

Q: Do I need to file any other forms when closing my business in West Virginia?
A: Depending on the nature of your business, you may need to file additional forms with other government agencies or departments, such as the Secretary of State or the Department of Labor.

Q: What are the consequences of not filing the BUS-FIN Declaration of Final Business Activity?
A: Failure to file the form can result in penalties or legal consequences, so it is important to complete the necessary paperwork when ceasing business operations in West Virginia.