Vermont Dissolving a Law Firm

State:
Multi-State
Control #:
US-L07054
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This Plan of Dissolution of a Law Firm covers covers all necessary topics for the dissolution of the firm. Included are: Plan of dissolution, liquidation objectives, surrender of leasehold estates, estimated balance sheet items, termination of personnel, accounts receivable billing and collecting, cash management, professional liability, and indemnity issues.

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FAQ

Email: tax.rett@vermont.gov Hours: Mon, Tue, Thu, Fri, a.m. - p.m. We can also help with questions regarding Land Gains Tax, Real Estate Withholding, Land Gains Withholding Tax, and Property Transfer Tax.

How do you dissolve a Vermont Corporation? To dissolve your Vermont Corporation, file Articles of Dissolution, in duplicate, with the Vermont Secretary of State, Corporations Division (SOS). You do not have to use the Vermont SOS forms. You may draft your own corporate articles of dissolution.

The easiest way to close your business tax account online is to log in to your myVTax account at and select Close Account. If you have more than one type of business tax account, you must close each individually.

Taxpayer Services Division: 802-828-2865 or (toll free in Vermont) 866-828-2865 on Monday, Tuesday, Thursday, and Friday at a.m. to p.m. Tax examiners in this division can answer questions about Vermont personal income tax, Homestead Declaration, Property Tax Adjustment Claim, and Renter Rebate Claim.

Online: Log into myVTax and click on the link to "Cease Account." Each account used by a particular business must be closed individually (for example, you may close a withholding account if the business no longer has employees, but keep the sales and use account).

To obtain such a certificate, voluntarily dissolving corporations must complete the following steps: Give Notice of its Authorization of Dissolution to the Commissioner; Pay all taxes that have been assessed or deemed assessed against it; and, Provide for any unassessed corporate excise liabilities.

When you dissolve a Vermont LLC, you must file a Limited Liability Company ? Termination form with the Vermont Secretary of State, Corporations Division (SOS). You are not required to use the forms provided by the Vermont SOS. You can draft your own articles of termination.

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Vermont Dissolving a Law Firm