
Closing a Business in California: How to Properly Dissolve an LLC or Corporation and Avoid Future Liability
Closing an LLC or corporation in California requires more than shutting the doors. Owners must formally wind up affairs, notify creditors, file dissolution paperwork with the Secretary of State, and submit a final tax return to stop the $800 annual franchise tax from accruing. Skipping these steps can leave owners personally exposed to lawsuits, penalties, and back taxes years after the business stops running. Barrus and Roberts, PC in Clovis works directly with business owners across Fresno and Madera County to handle dissolution properly, from internal approval through final state and tax filings, helping avoid the common mistakes that create lingering personal liability.


