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53 01 for Profit Corporation Dissolution by Stockholders' Meeting Kssos 2010

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Hello in this lecture we're gonna talk about S corporation and how to close one at the end of this we will be able to explain some requirements for closing and S corporation including some bookkeeping involved from the IRS documentation and some states' documentation as I always want to make sure that we seek advice from a professional if you're looking to close up the S corporation this is not meant to be a comprehensive list every S corporation clause will be different and individual in of itself this is just to give some ideas of the areas that need to be taken a look at and some different areas to research into as you go through kind of that closing process to make sure that they have been all been touched on everything that needs to be looked at so what steps need to happen to close out the S corporation, so we're gonna talk about some bookkeeping out you know how are we going to close out the books how we're gonna actually do the debits and credits or what's the process that need

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