How Do You Dissolve an LLC? [Answered] | Lyda Law Firm
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* Want to know how to dissolve an LLC? We answer that question (and more) in the latest video from our "ABCs of LLCs" playlist.
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All videos are for educational and entertainment purposes only. This is not legal advice and should not be relied on as such. Every case is different. Consult a licensed professional in your state. Mark Lyda is a Colorado-licensed attorney. Viewing this channel or its content does not create an attorney-client relationship with Lyda Law Firm or any of its lawyers.
Пікірлер: 26
I like these videos. Because he gets straight to the point. They're more like informational videos, rather than like a KZread "influencer"
@LydaGroup
2 ай бұрын
Thank you!
Helpful
Very good
Do I need to file any forms for SMLLC after it gets closed? Anual report?
Does a credit card attached to a LLC prohibit you from closing the LLC without paying off the card first ?
Hi, I'm a single member LLC small business owner. After dissolution, how do go back to reg sole proprietorship for 2022?
Great video! Question: If I have ABC LLC in California and terminate it as an LLC can I still use ABC (as a sole proprietor) and keep (and use) my EIN in the future?
@LydaGroup
2 жыл бұрын
Generally, changing entity type requires a new EIN. Find out more direct guidance here: www.irs.gov/businesses/small-businesses-self-employed/do-you-need-a-new-ein.
Hey Mark, Great video and explanation! I'm not a U.S. citizen by any means, don't live there either. So a while back ago I wanted to start some e-commerce business online so I had to register an LLC company and I got an ein number for myself as well because that's the way to do it according to the online gurus. I didn't make any money online because I got a job, got busy with life and other stuff... Now all I have is this franchise tax fee which is $300 I believe, but I'm really running out of money at this point so I really want to shut everything off with this company or whatever. What should I do? And what will happen if I just let everything go and not pay anything?
@LydaGroup
4 жыл бұрын
Thank you! Where are you located? Laws vary everywhere, so it is probably in your best interest to seek out a local expert.
@andrei.antoniu
3 жыл бұрын
Same here! He probably formed the LLC in Delaware. I'm looking to close it down too. How to do it?
@LydaGroup
3 жыл бұрын
I’ll get to work on a video about dissolving/winding up an LLC!
If I can't find my llc number what should I do?
So if im with 3 other members!! how do I get myself out of the company?? I don't want to do it anymore
@LydaGroup
3 жыл бұрын
That likely depends on the terms of your partnership/operating agreement.
I'm thinking I also have to file an amended tax return for my last tax return to specify it as being the final tax return. Is that correct?
@LydaGroup
Жыл бұрын
I can’t comment on specific situations. I’d recommend speaking to attorney licensed in your state.
What about the EIN? What steps do I take after this for the EIN?
@LydaGroup
Жыл бұрын
Thanks for watching! Here’s a video on that topic: How To Obtain Your EIN from the IRS | Legal Checklist for Startups Step #10 kzread.info/dash/bejne/d6F-j9iidMi1itY.html
I have a llc but I want to dissolve it, its only me and what do I check , I just opened it up, its not working out for me, I dont have any debts or anything 1)upon the happening of an event specified in the Articles of Organization or operating agreement.or 2) upon unanimous vote. I don't have any members, just me,thank u
@LydaGroup
2 жыл бұрын
I would think it’s a “unanimous vote” of only you. Thanks for watching!
@DANAWORLD
2 жыл бұрын
@@LydaGroup hi, I'm thinking to open us llc from website cost me 600 dollars but I asking what if I close it? How much should I pay? The website told me. Not provide this service
sir i want to disclose my llc .So is it mandatory for me to submit BOI before disclose llc.
@LydaGroup
4 ай бұрын
Sorry I can't answer specific legal questions in the comments, but you can find BOI information here: www.fincen.gov/boi
Hello, so i wanted to dissolve my llc for NYS. And the options for the reasonings are as followed: 1. The vote or written consent of a majority in interest of the members of the limited liability company. 2. There are no members of the limited liability company. 3. Pursuant to the dissolution date set forth in the articles of organization or operating agreement of the limited liability company. 4. The following event, as specified in the operating agreement 5. The entry of a decree of judicial dissolution. So i am not sure which option to choose since i am a single member and in the articles of organization I’m put down as a “Managing Member”.