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Experienced Huntsville Business Attorneys Facilitate Business Dissolution and Protect Your Interests

Practical legal help when your business is dissolving

Business dissolutions can be voluntary and mutual, involuntary, petitioned, financially driven or personally motivated. The common thread in every process of winding down is the necessity of hiring an experienced commercial attorney to oversee the fine details involved in dissolving your business. While winding down may not always be as smooth and tranquil as the name implies, the Huntsville small business attorneys at Watson McKinney, LLP can provide you with the advice and legal counsel you need to check the boxes to closing your business

How we can help with your business dissolution needs

Dissolution is much more than flipping the “closed” sign and shutting off the lights. Business dissolution is the legal disbanding of a business and the process under which assets and property are sold and liquidated, debts are paid to creditors, shareholders and members are paid with the remaining money and liabilities are settled. Business dissolution can be a complex process, as it often involves assessing liabilities and completing formal reports and forms to successfully dissolve the business. These steps include:

 

·         Filing an annual return for the year you go out of business

·         Filing the final employment tax returns for your employees

·         Making final federal tax deposits of taxes

·         Filing returns to report disposing of business property

·         Assessing the value of the business

·         Changing the form of your business

·         Formalizing the business dissolution with the IRS

·         Complying with the requisite creditor-notice obligations

·         Settling creditors’ claims

·         Distributing assets 
 

Our Huntsville small business attorneys possess the knowledge, skill and experience in both the legal and business fields to walk you through the steps to facilitate the hassle-free dissolution of your business.

 

Trust us to protect your best interests

Dissolving a business has many legal and liability implications. Chief among the reasons for hiring a business attorney for your business dissolution are the tax, accounting and financial issues implicit in dissolution. Our attorneys are highly regarded in the Huntsville community and throughout Alabama. Business owners rely on our knowledge to keep them current with federal and state regulations and the laws governing dissolution. We protect your interests throughout the process. With the consult of our commercial attorneys, you can trust that your financial interests and business goals will be reflected.

 

If you are considering closing your business, contact our Huntsville business lawyers today

With more than 45 years of combined experience, the attorneys of Watson McKinney, LLP provide the guidance you need when dissolving your business or any other business matter. Contact us online or call 800-294-5112 to schedule a consultation.

 

 

Our office is located in the Regions Building in Downtown Huntsville, Alabama.

 

Visit our office in Huntsville, call our office at

256.536.7423

 

 

 

 

GET HELP TODAY!


 

 

Contact our Huntsville, Alabama law office by filling our form to the right or call 800.294.5112 to set up a free consultation to discuss your legal options.

 

 

 

 

 

 

200 Clinton Ave W, #110

Huntsville, Alabama 35801-4810

 

Phone: 256-536-7423 | Toll Free: 800-294-5112

Fax: 256-536-2689

No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.

 

 

We serve the following localities: Jefferson County, Limestone County, Athens, Elkmont, Madison, Madison County, Gurley, Harvest, Hazel Green, Huntsville, New Market, Toney, Morgan County, Decatur, Hartselle, Shelby County, and Birmingham.

 

 

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