I'm doing a NOW account review and came across a business account, earning interest, that used to be a corporation, (filed with the state as "for profit"), but the filing is inactive and has been revoked for tax delinquency. It became inactive in 2004. The tax ID number, for this business, is the tax ID of the owner, (on our system). Do I have a sole proprietor here? Or a for profit corporation?
Thanks for your help,