Good question. I have a feeling that the answer is (unfortunately) yes. If may well depend on what state you're in. To be sure, I would ask an accountant. I'm sorry that I don't have an answer for you.
Knowing the Government, yes.
It is actually to your advantage to file the 2011 taxes as a considerable amount of your start-up costs are deductible and HAVE to be taken the year you started the business. I HIGHLY RECOMMEND you contact a tax accountant to help you through this process as it will impact your taxes for 2012, as well.
You need to invest in accounting software, if you haven't yet done so. The majority of accountants I know use QuickBooks. If you are unfamiliar with bookkeeping, check out my book "How To Do Your Own Small Business Bookkeeping", which is available through Amazon.com. This book will walk you through setting up your QuickBooks software so you can provide immediate information to your tax accountant, which will help them to determine the best tax strategy for you for 2011.
Lily Chambers (aka The Virtual Office Goddess)
If you operated in 2011, you must files taxes for 2011. Your business structure will determine what type/form you need to file. If you are a small business, you may be able to file as a schedule on your personal return rather than a seperate company tax return.
What is your legal structure:
1) sole propeitership
2) LLC (single member or corportaion election)
3) S corporation
4) C coropration
I wanted to know if you started setting your business in late 2011 like October- November, but haven't ranked any income but spent few in expenses, do you still have to file for business taxes? I'm sayng this because I had a business license from Jan 2011-June. I had let my license go due to lack of direction and stagnant vision. Then I reopened my buisness under a different name with the new business license late in 2011, which I still have to pay for the license for 2012. My license fee was good until the end of 2011. Does this make any sense?