Legal Question in Business Law in Massachusetts

I have a business (llc) which I an permanently closing. How do I go about terminating the llc, and do I even need to?


Asked on 6/03/10, 7:40 am

2 Answers from Attorneys

You file a certificate of dissolution with the Sec of State and file a final tax return for the business if it files a separate tax return.

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Answered on 6/03/10, 11:03 am
Lawrence Graves Coolidge & Graves PLLC

No, you do not need to file anything, just stop filing annual reports and the Secretary of State will kill it off without costing you the filing fee. Do have your tax advisor file a "final return" so the IRS and MA DoR don't chase you for returns after the company's demise.

Best wishes,

LDWG

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Answered on 6/03/10, 12:50 pm


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