Fill in Your Utah Tc 42 Form Access Editor

Fill in Your Utah Tc 42 Form

The Utah TC 42 form is an application used to request a Letter of Good Standing, which is essential for corporations and S-corporations seeking reinstatement with the Utah Department of Commerce. To obtain this certificate, the corporation must be up-to-date on all tax filings and payments. Completing this form is the first step toward ensuring compliance and regaining good standing; simply fill it out and submit it by fax or mail.

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The Utah TC-42 form serves as a crucial document for corporations and S-corporations seeking to reinstate their standing with the Utah Department of Commerce. This application for a Letter of Good Standing is a necessary step for entities that need to demonstrate compliance with state tax obligations. To initiate the process, corporations must ensure they are up-to-date with all tax filings and payments owed to the Utah State Tax Commission. Completing the TC-42 form involves providing essential information, including the corporation’s name, address, and federal identification number, as well as the name and title of a corporate representative. If the representative is not an officer of the corporation, a power of attorney must accompany the application. Once the form is filled out, it can be submitted via fax or mail to the Tax Commission, which typically processes requests within five to ten days. However, if any tax obligations remain unmet, the Tax Commission will issue a requirement letter outlining the necessary steps to achieve compliance. Failure to address these requirements within 30 days will result in the expiration of the request, necessitating a new application. For those with questions or needing assistance, the Utah State Tax Commission provides support via phone, ensuring that help is readily available for those navigating this important process.

Sample - Utah Tc 42 Form

Utah State Tax Commission • 210 N 1950 W • SLC, UT 84134 • tax.utah.gov

Application for a Letter of Good Standing

(For reinstating a Corporation with the Utah Department of Commerce)

TC-42

Rev. 6/09

Requirements:

1.A Letter of Good Standing Certificate is required from the Tax Commission for corporations and S-corporations wanting to reinstate with the Department of Commerce. (LLCs do not need this form or certificate.)

2.The corporation must be current with all tax filing and payment obligations for taxes it is required to file with the Tax Commission.

3.Complete, then fax or mail this form to request this certificate.

Name of corporation

Corporation’s current address

City

 

State

Zip code

 

 

 

 

Commerce number/entity number

Federal Identification Number

 

 

 

 

 

Parent name

Parent Federal EIN

 

 

 

 

 

Name and title of corporate representative (If not a corporate officer, a power of attorney, TC-737, must be submitted with the application)

Signature of corporate representative

Date signed

Telephone number

Please note: Processing this application takes 5 to 10 days. If any taxes the corporation is responsible for are not filed and paid, a requirement letter will be mailed to you detailing what you must do to become current. If the requirements are not met within 30 days, the request will expire and you must reapply. If you have questions, please telephone the Utah State Tax Commission at 801-297-2200 or toll free, if outside the Salt Lake area, at 800-662-4335.

Name of person to receive the Letter of Good Standing (If not a corporate officer, a power of attorney, TC-737, must be submitted with the application)

Mailing address

City

State

ZIP code

Telephone number

If you would like the Letter of Good Standing faxed to you, please provide a fax number: ___________________________

Return this form to:

Utah State Tax Commission

Taxpayer Services Correspondence

210 N 1950 W

Salt Lake City, UT 84134

Or fax to 801-297-7699

Document Details

Fact Name Description
Purpose The Utah TC-42 form is used to apply for a Letter of Good Standing, which is necessary for corporations and S-corporations seeking reinstatement with the Utah Department of Commerce.
Eligibility This form is specifically for corporations and S-corporations. Limited Liability Companies (LLCs) do not require this form or the associated certificate.
Tax Compliance To qualify for the Letter of Good Standing, the corporation must be up to date with all tax filings and payments required by the Utah State Tax Commission.
Submission Method Applicants can complete the TC-42 form and submit it via fax or mail to the Utah State Tax Commission.
Processing Time It typically takes 5 to 10 days to process the application for the Letter of Good Standing.
Requirement Letter If the corporation has outstanding tax obligations, a requirement letter will be sent, outlining steps needed to become current.
Expiration of Request If the requirements are not fulfilled within 30 days, the request for the Letter of Good Standing will expire, necessitating a new application.
Contact Information For inquiries, individuals can contact the Utah State Tax Commission at 801-297-2200 or toll-free at 800-662-4335.
Governing Law The TC-42 form and its requirements are governed by the laws of the State of Utah, specifically related to corporate tax compliance.
Fax Submission Completed forms can be faxed to the Utah State Tax Commission at 801-297-7699 for quicker processing.
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