Hi all,
This is my first post. I'm hoping you can help me.
I've had a single member LLC for about three years now. I've had no sales, but I've paid all fees and annual reports. I don't see things getting better, so I don't want to continue paying annual report fees. I'd still like to have the possibility to sell the artwork I have left if the opportunity arises, so I want to close the SMLLC and open a Sole Proprietorship. What would be the easiest way to do this? Is there any way to do this without having to pay a cancellation fee?
Thank you for your help!
Val
This is my first post. I'm hoping you can help me.
I've had a single member LLC for about three years now. I've had no sales, but I've paid all fees and annual reports. I don't see things getting better, so I don't want to continue paying annual report fees. I'd still like to have the possibility to sell the artwork I have left if the opportunity arises, so I want to close the SMLLC and open a Sole Proprietorship. What would be the easiest way to do this? Is there any way to do this without having to pay a cancellation fee?
Thank you for your help!
Val
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