How to Close An LLC *Step By Step*

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  • Опубликовано: 28 дек 2024

Комментарии • 99

  • @zabihullahakbari6487
    @zabihullahakbari6487 11 месяцев назад +4

    Thanks alot for your informative vids.
    I set up an LLC Feb 2023 and never did business now I want to dissolve it before the expiration to avoid anual the fee, but I didn't filled my 2023 taxes yet, can I dissolve the LLC with SOS now and do the taxes later on?

  • @yusisleidymarquez
    @yusisleidymarquez 10 месяцев назад +1

    This video is amazing, very informative and accurate. After watching a lot of others peoples post I can say that your are the only one that actually knows how to do it. Thank you 🙏

    • @KarlaDennis
      @KarlaDennis  10 месяцев назад

      Wow, thank you for that feedback, trying to make taxes fun and digestible can be a challenge for-sure, but it's info that we all need.

  • @trashman262
    @trashman262 9 месяцев назад +2

    I just submitted the dissolution document online (Michigan).

  • @trutymeproductions
    @trutymeproductions Год назад +29

    My problem is I set up an llc in 2021 but actually never started any business....tbh i set it up and went on to other things and completely forgot about it :( ....

  • @tooksiethomas2224
    @tooksiethomas2224 11 месяцев назад +1

    It is always a blessing and joy to listen to your videos. They are so informative and necessary. Thank you, Karla

  • @KiDDo_69
    @KiDDo_69 Месяц назад +1

    Straight to the point, thank you very much❤

  • @carolyntyler3282
    @carolyntyler3282 Год назад +8

    I never started the business but was told that I needed to do an LLC as the first step.

  • @knpaden1
    @knpaden1 5 месяцев назад

    Me and my partner are splitting up from our business. Can I dissolve a partnership llc even if we still have financial responsibilities under the llc? Or do you wait until those are paid off? Would we have to file new llc on our own to continue work separately?

  • @nellynelly4221
    @nellynelly4221 8 месяцев назад +1

    Thank you for a clear understanding on this topic

  • @jaxonwortley4941
    @jaxonwortley4941 Месяц назад

    My question can you dissolve an LLC with the State, and then file your final tax return 5 months later with Fed and State to mark it as final tax return, or does it need to remain open for that filing to take place?

  • @TheJuneYaj
    @TheJuneYaj 2 месяца назад

    Thank you for the very informative information!

  • @mariogonzalezrealestate
    @mariogonzalezrealestate 8 месяцев назад +1

    great info ! Thanks Karla!

  • @pamelasusanna7461
    @pamelasusanna7461 Год назад +1

    I'm so glad I found your channel. Thanks a lot, Karla! You're an angel!

  • @maryx100
    @maryx100 Месяц назад

    Can executing a public filing in a newspaper be in a random state, or the state of operation?

  • @kenneencolbert7432
    @kenneencolbert7432 Месяц назад

    You Rock KD

  • @omaaa420
    @omaaa420 11 месяцев назад

    Extremely informative, thanks

  • @realkelliwilliams5732
    @realkelliwilliams5732 9 месяцев назад

    Thank you , you're so smart

  • @yeseniasplace
    @yeseniasplace 10 месяцев назад

    So good thank you!

    • @KarlaDennis
      @KarlaDennis  10 месяцев назад

      You're so welcome! :)

  • @someone-on8of
    @someone-on8of 18 дней назад

    Hey karla i have llc and i opened in 2024 and i didn't earn anything and i want to close now what should i do

  • @cherikoehler1770
    @cherikoehler1770 10 месяцев назад

    Hello, that was a very helpful video, thank you. I opened a single member LLC but I never had 1 client. I have to close my LLC because of serious health issues that have surfaced. I understand all the steps but what do I write on my annual report?

  • @nellielee2915
    @nellielee2915 11 месяцев назад

    Thank you for very important information.

  • @RoshellCarroll
    @RoshellCarroll Год назад +2

    Hi Karla, I have not done anything with the company since I got my LLC, so should I go ahead and just file a dissolution paperwork and how do I get the paperwork?

  • @GM-wv1kj
    @GM-wv1kj 6 месяцев назад

    Lots of info, thank you!

  • @cyrusmcclinton2265
    @cyrusmcclinton2265 Месяц назад

    Thank u so much black queen🙏🏾

  • @likestotapass
    @likestotapass 6 месяцев назад

    This was very helpful. Thank you

    • @KarlaDennis
      @KarlaDennis  6 месяцев назад

      You're very welcome. Happy to help!

  • @DutchessofBling
    @DutchessofBling 3 месяца назад +1

    Thanks for sharing. Where do I apply for the Tax Clearance Certificate

  • @thepr3tty116
    @thepr3tty116 Год назад +4

    GIRLLLLLLL!!!!!!!! YOU GOT ME ALL THEE WAY TOGETHER !!! ❤ 💛 THANK YOU #DETROIT

    • @KarlaDennis
      @KarlaDennis  Год назад +2

      That's what im talking about !! Lets gooo haha love from Detroit, thank you!

    • @thepr3tty116
      @thepr3tty116 Год назад +1

      @@KarlaDennis HEY MOMMY!! LOL YES MA'AM DETROIT ALL DAY!

    • @thepr3tty116
      @thepr3tty116 Год назад

      @@KarlaDennis AND YOU'RE WELCOME 😊 🙏

  • @RonnieMachado-rs1lz
    @RonnieMachado-rs1lz 5 месяцев назад

    Thank you for the information.

  • @asemanaubrey5646
    @asemanaubrey5646 Год назад

    Thanks for your great description

  • @81quiroz
    @81quiroz Год назад +1

    Is there a way to have someone help me with paperwork and can I do this all on line

  • @moeshonestreviews6958
    @moeshonestreviews6958 8 месяцев назад +1

    Thank you it’s sad so many people want to start business! But the climate we in it just not a good time! 😢 started mines in 2021 and it’s been rough

    • @KarlaDennis
      @KarlaDennis  8 месяцев назад

      What are some things you feel you are struggling with the most?

  • @EliasRibeiro-z7t
    @EliasRibeiro-z7t День назад

    HI, MY NAME IS MARLY. CAN YOU HELP ME TO DISSOLVE MY SMALL BUSINESS LLC? HOW MACH IT COST. I"M IN NEW JERSEY STATE. THANK YOU

  • @anapaulazzertuche2444
    @anapaulazzertuche2444 6 месяцев назад

    So, if I decide to dissolve my LLC and I dedicate myself to online sales, (Amazon) of technology, is it enough to notify the state where the LLC was created, right?

  • @PamPike
    @PamPike Год назад

    really good information - thank you!

    • @KarlaDennis
      @KarlaDennis  Год назад +1

      Glad you enjoyed it! And thank you as well for watching .

  • @augustus_tax-accounting
    @augustus_tax-accounting 4 месяца назад

    Great information Karla. I'm helping my client dissolve a CA Corporation that they walked away from years ago, so I'm going through the steps now. How can we connect?

  • @MjW-v5u
    @MjW-v5u Год назад

    Im so glad i found your channel. Subscring. Thank you!

  • @Purplekat_17
    @Purplekat_17 11 месяцев назад

    Hi I have an LLC too and I really was not making any money with it until last year 2023 when I made $300 for an affiliate marketing company that has a physical address in Nevada and I am in Florida. Will I have to dissolve my LLC in Nevada and Florida? I did not make any money in Florida it was all online sales. I had to fill out a W-9 for this company. Do I have to wait until I file my taxes to dissolve this LLC?

  • @IranaPretelt-m3f
    @IranaPretelt-m3f 5 месяцев назад

    What if my registered agent made a mistake and dissolve my LLC without my consent, Can I re activate it ?

    • @KarlaDennis
      @KarlaDennis  5 месяцев назад

      go.karladennis.com/yt_kda

  • @roberthenry2645
    @roberthenry2645 Год назад +1

    Thank you baby you are a god sent

    • @KarlaDennis
      @KarlaDennis  Год назад

      No worries, hopefully this covered what you needed: )

  • @bellezamexicana6663
    @bellezamexicana6663 Год назад +1

    Thank you 😊

  • @Xtra_One1
    @Xtra_One1 Год назад +4

    Do I need to file taxes if I dissolute my LLC the same year I made it. Like if i made it Jan 3, 2023, and ordered a dissolution May 11th 2023. Do i need to file taxes and an annual report? Or am I in the clear where I dont need to do any of that. Please let me know asap, Thanks! great vid btw!

    • @GuadalupeMartinez-lj3bb
      @GuadalupeMartinez-lj3bb Год назад +2

      Hi! Did you figure out? I’m in the same boat

    • @AW-gt8uz
      @AW-gt8uz Год назад

      ⁠@@GuadalupeMartinez-lj3bbsame here lol any update ?

    • @You.2.
      @You.2. Год назад

      So does anyone know the answer to this?

    • @Xtra_One1
      @Xtra_One1 Год назад

      @@GuadalupeMartinez-lj3bb I found out u don’t.

    • @Xtra_One1
      @Xtra_One1 Год назад +1

      @@You.2. the answer was no. Ur not responsible for the dissolved entity anymore since it’s considered dead

  • @harryking6517
    @harryking6517 Месяц назад

    Thanks

  • @juanramos6172
    @juanramos6172 3 месяца назад

    Hello Karla can you help me close my LLC in New Mexico?
    My name is Juan Ramos I live and are a resident in Spain 🇪🇸
    I also have a LLC in New Mexico that is a few months old incorporated early this year 2024.
    This LLC has not have any movement at all I have not done any invoice nor payments or received any income at all.
    BTW it is a single person owner which is me.
    Therefore I decided to closed.
    If that something that you can do?
    What would be the cost of it ?
    My best regards
    Juan Ramos

  • @adriannaoliver1592
    @adriannaoliver1592 11 месяцев назад

    Do you have to file a 966 form to dissolve your LLC

  • @tonymitchl
    @tonymitchl 5 месяцев назад

    Hi Karla can you help me to dissolve my Tx LLC.

  • @itcomesnatural2
    @itcomesnatural2 7 месяцев назад

    thank you!

  • @straightism1962
    @straightism1962 Год назад

    Karla -
    You are great. Where do I go in Wash D.C. to dissolve my LLC??

  • @michael-annevasquez3330
    @michael-annevasquez3330 4 месяца назад

    thank you :)

  • @thedentaladvocate3609
    @thedentaladvocate3609 11 месяцев назад

    I never used my llc for what I had planned, will I need to pay anything? I need dissolve it ASAP!

    • @KarlaDennis
      @KarlaDennis  11 месяцев назад +1

      Yes you will , I will add this question in an upcoming "Just Ask Karla" episode and go over this in more detail. please subscribe so you dont miss it : )

    • @thedentaladvocate3609
      @thedentaladvocate3609 11 месяцев назад

      @@KarlaDennis Do I still need to file BOI if I'm going to dissolve it?

  • @KuMiyinum
    @KuMiyinum 8 месяцев назад

    If I dissolve my business from just having an LLC for a month. Do I have to pay for taxes or anything?

    • @KuMiyinum
      @KuMiyinum 8 месяцев назад

      In context I would have an income & my state is California

  • @nestorvides2907
    @nestorvides2907 Год назад

    Thank you

  • @Im_So_Atlanta
    @Im_So_Atlanta Год назад +2

    I have an LLC. I never made any money from it. Do I need to file taxes even though I never made any money?

    • @mariajackson5863
      @mariajackson5863 Год назад

      I have a similar situation and still had to file a sales tax return every month although I didn't make any money. Check your states site or call them to find out. The frequency of your filing varies by state.

    • @KarlaDennis
      @KarlaDennis  Год назад +3

      Yes, you will need to file what we call a "zero return"

    • @Im_So_Atlanta
      @Im_So_Atlanta Год назад +1

      @@KarlaDennis I’m in GA and I went to the tax office he told me no I don’t have to file. I’ve been getting so many different answers. I really need help 😩

    • @Im_So_Atlanta
      @Im_So_Atlanta Год назад

      @@KarlaDennis can you please assist me? Can I do the the zero return on my own? I went to a tax place and he was going to charge me $200.

    • @mariajackson5863
      @mariajackson5863 Год назад

      ​@@KarlaDennis Karla, does it matter which document we file first- zero tax return or dissolution of business with the state?

  • @leonardoperez3550
    @leonardoperez3550 Год назад

    Can you recommend someone in the state of RI who can help me desolve my llc?

  • @Thatmeee11
    @Thatmeee11 Месяц назад +1

    Lesson learned here. Don’t even do business with the gov smh

  • @CharleneJudd-f7x
    @CharleneJudd-f7x Год назад

    I have never filed taxes
    I never did more than $200 in business
    My state is in NYC

  • @Im_So_Atlanta
    @Im_So_Atlanta Год назад

    I am trying to close the LLC because I tried to have a successful business but it failed! 🥺🤦🏾‍♀️

    • @KarlaDennis
      @KarlaDennis  Год назад

      I have a video on how to do this, if you need any help just let me know what questions you have , sorry to hear that !