Legal Question in Tax Law in California

Depending on the type of corporation either the previous owner is responsible, or you are. You or your accountant should have reviewed the corporation's tax returns before buying.

Generally, if you bought the company (Name, Licenses, Assets, etc), you are taking responsibility for the liabilties as well. If you only bought the assets, not the legal entity, then you would not be responsible. However, it will also depend upon the agreement you signed for the purchase of the business. At this point, you should contact an attorney to review the situation and give you some clear guidance.

Good luck,