We are in TN. Just to clarify, we are a mom & pop and always have been. (First a sole proprietor QJV, then LLC partnership when we briefly took on an employee, now back to sole proprietor QJV) We run a service industry business so all of our assets have qualified for Section 179 depreciation deduction. The last purchase was a couple IPads in 2018. I am aware of the closing of the LLC and that we are starting a "new" business, but because the "new" business started Jan 1 this year I'll deal with that this time next year. It's just the dissolution of these small assets that seem to be tripping me up.
