Hawaii Proposal to adopt plan of dissolution and liquidation
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How to fill out Proposal To Adopt Plan Of Dissolution And Liquidation?
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FAQ
The first step to closing up shop is receiving shareholder approval to formally close the corporation. The board of directors should adopt a resolution to dissolve the corporation and receive approval for the action.
Accounting and Tax Steps for Closing a C-Corp Consult with a tax professional and accountant. ... Hold a shareholder meeting and vote to dissolve. ... File Articles of Dissolution. ... Notify the IRS and state tax authorities. ... Prepare final tax returns. ... Calculate and pay taxes on corporate gains. ... Settle outstanding tax liabilities.
Hear this out loud PauseTo dissolve your Hawaii Corporation, file Form DC-13, Hawaii Articles of Dissolution with the Hawaii Department of Commerce and Consumer Affairs, Business Registration Division (BREG) by mail, fax, or in person. The articles of dissolution cannot be filed online.
Hear this out loud PauseA plan of dissolution is a written description of how an entity intends to dissolve, or officially and formally close the business. A plan of dissolution will include a description of how any remaining assets and liabilities will be distributed.