How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

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How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

Generally, you need to file Articles of Dissolution with your state and a final 1065 with the IRS.

How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

I was warned by my original accountant, who has since retired, that I need to show revenue in order to avoid an audit. The business only produced revenue in the first year. Can I dissolve the company without reporting any more revenue?

How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

Reporting losses on a continuing basis can draw scrutiny, but you can dissolve the company, regardless.

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How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

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How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

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How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

How can I close down an LLC (partnership) that had expenses over the last ten years but little revenue and never made a profit? I've given up on seeking investment.

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