So long as all of your taxes are paid up with the FTB and you don’t owe any third parties any money, then you can terminate the LLC using the Secretary of State’s website to terminate it. Or if you prefer, we can also handle that for you. If it turns out you DO owe taxes or other third parties, understand that a) the Secretary of State may not allow the termination unless taxes are paid, or b) they’ll allow it, but with the understanding that you (as a member of the LLC) will become personally liable for taxes and other debts. Once terminated, you can then file a Fictitious Business Name statement in the county in which your principal place of business is conducted. So the answer is yes, you can shut down the LLC and transfer the operations to you individually and DBA in the name of your business (without the “LLC” moniker).
Can I operate as a DBA instead of operating through a corporation/LLC to save the $800.00 per year that I’m paying to the California Franchise Tax Board (FTB)?
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Stop wasting money on #corporations and #LLCs you don't need. Some great information here http://t.co/P2YhB3K22X
Check out this new 5-Star review of me on @yelp http://t.co/Le8v0EpddA
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innocent #shareholders' receiving large #dividends are liable for unpaid insolvent #corporate #taxdebt http://t.co/cgKwxc2dUE
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If you want to take a #deduction for #alimony, you need to have a written FINAL agreement with specific provision http://t.co/IwvJIDYg4Z
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@therichbrooks You too -- enjoying your podcast #tmap lots of good information.
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#taxpayers entitled to #taxdeduction for #mortgageinterest where name not on title but living in property http://t.co/NuqLuK4DkW
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Register for Entity Choice for Startups and Small Businesses #constantcontact http://t.co/OtFnrOVU
Entity Choice for Startups and Small Business #constantcontact http://t.co/Fh1NrvuJ
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VC's soured loan to biz associate qualified for bad debt deduction #tax #taxes http://1.usa.gov/fqxqOY #baddebts #deductions
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When Too Much Entrepreneurship Is A Bad Thing http://t.co/OHGrXOt via @businessinsider Message: EXPERIENCED BELIEVERS WANTED!
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