How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Robin D. Your Own Question
Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 15203
Experience:  15years with H & R Block. Divisional leader, Instructor
Type Your Tax Question Here...
Robin D. is online now
A new question is answered every 9 seconds

If an LLC folds are the members liable for state taxes owe

This answer was rated:

If an LLC folds are the members liable for state taxes owed?

Robin D :

Hello and thank you for using Just Answer
Departments of Revenue and the Internal Revenue Service both have the means to recover money owed them from the “responsible” parties in the LLC. Anyone signing the checks is a responsible party. Anyone filing sales tax, payroll tax or income tax returns is a responsible party. And of course, anyone with ownership in the LLC is a responsible party.

Robin D. and other Tax Specialists are ready to help you