how to close an s corporation?

Answer 1

Prepare papers to dissolve the corporation. Then record the dissolution papers at the business/corporation department of your state department.

Answer 2

You liquidate all remaining assets and convert them to cash. You do a final tax return and pay out the remaining value of the company. The shareholders will have a gain or loss on their tax returns. You notify the state that your corporation is shut down.

Answer 3

there are a few ways. one get a lawyer and file all the necessary paper work. Two. cease to do business. no longer file . eventually the system will purge you.