Business dissolution made simple

Before dissolving your business, it's important to consult the company governing documentation, such as an llc operating agreement or corporate bylaws, for any guidelines on how to legally dissolve. once you're ready, you can easily file articles of dissolution with us; answer a few questions online, and we'll create and file your paperwork with the state.

Once you sign and file the dissolution forms with the state, you should next notify the internal revenue service (irs) to inform the agency about your intended company dissolution. it's important to pay all taxes due.

If you don't close an llc that you're not using: you may be responsible for filing future tax returns. you may still owe an annual llc fee. you may have to pay a penalty if your llc does not file a local, state, or federal tax return.

The difference is simply that dissolution is the proper term used by states. if your llc has an operating agreement, review it to discover what requirements you need to follow to properly dissolve your business.