I have operated my sole shareholder S-corp for engineering consulting since 2006 and fully retired at end of 2019. I filed a zero return for 2020 and am again filing a zero return for 2021. Is there any restriction or problem in keeping the s-corp dormant for another year or two, continuing to file zero returns, until I'm sure I wont need to resume work activity again? The firm's name still has recognition value in my specialized field so I do not want it to let it die until I am sure I can stay retired. I would eventually file a final return at some point to provide a final Balance Sheet and reconciliation of stock basis, disposition of assets (already 100% depreciated via Sect 179) etc. I have notified IRS and my state employment commission that payroll is suspended.
