Dissolve Limited Liability Company (LLC)

[Gorda]

How would I go about dissolving my LLC? I got a quote of $350 from a CPA and I think it's too much. Is there an easy and inexpensive way to do this? I have heard that the process of dissolving a company is very complicated and I don't know if it is wise to do it myself.

[Flint]

Originally Posted by Gorda

How would I go about dissolving my LLC? I got a quote of $350 from a CPA and I think it's too much. Is there an easy and inexpensive way to do this? I have heard that the process of dissolving a company is very complicated and I don't know if it is wise to do it myself.

It would depend on the state your LLC was formed in. $350 may be a lot, or it may be a little. Did the Certified Public Accountant give you an itemized list of what your money will buy you? There are many issues, but they all depend on your unique situation.

Did you or do you have employees? Profits? Losses? Partners? Sales tax? Assets? Debts? Before you agree to pay the CPA, make sure you get an itemized list showing exactly what he is going to do for you. You may be able to do it yourself with this form.

[Gorda]

Originally Posted by Flint

Did you or do you have employees? Profits? Losses? Partners? Sales tax? Assets? Debts? Before you agree to pay the CPA, make sure you get an itemized list showing exactly what he is going to do for you. You may be able to do it yourself with this form.

Thanks Flint. That did the trick.