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Shutting Down Your C Corporation

June 22, 2023

“Shutting Down Your C
Corporation”

To get my complete, FREE article
with all the details…

Do you run your business as a C corporation?

Well, if you’re ready to say farewell to your business and shut it down, there are many things you need to know (some of them quite complicated!)

I’ll tell you what they are
when you read my new article.

For starters, you will face federal income-tax issues that arise from a complete C corporation shutdown.

Don’t worry. I’ll tell you what they are.

It’s time to define complete liquidation.

For federal income tax purposes, a complete liquidation occurs when the corporation:

  • Ceases to be a going concern,
  • Winds up its affairs and pays its debts, and
  • Distributes its remaining assets to the shareholder(s).

I’ll also provide…

Complete liquidation basics.

You can accomplish a complete liquidation of a C corporation in three basic ways. I’ll tell you what they are when you read my new article.

I’ll also provide a Detailed “Liquidation Checklist” you can use and depend on.

This is what you need to remember.

The key point is that the disillusion of your corporation has real tax consequences, which makes reading my new article extremely important. For full details on how to say Sayonara to your business and come out a winner…

CLICK HERE and read my completely new article titled:

“Shutting Down Your C Corporation”

Filed Under: Capital Gains, Corporations, Filing tips, Tax Planning

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