If a Board of Directors has been appointed for the Idaho Corporation then the Board is required to adopt a resolution to Dissolve the ID Corporation. Minutes of the meeting must be recorded and retained in the business records. We will transcribe the minutes of the Board meeting into a format that is legally acceptable in the state of Idaho. We will also compile a formal resolution to Dissolve the Idaho Corporation for your records.

If an Idaho Corporation has issued shares of stock then a majority of Corporate Shareholders must approve the Dissolution plan. The approval actions should be documented and kept in the business records. We will transcribe the minutes of the Shareholder meeting into a format that is legally acceptable in the state of Idaho.

As soon as the preliminary Idaho Corporation Dissolution actions are completed we will prepare and file the Articles of Dissolution with the Idaho Secretary of State in the quickest way possible

All Dissolved Idaho Corporations must file IRS Form 966 with the US Internal Revenue Service. This filing is required within 30 days after the final Dissolution plan is approved. Filing IRS Form 966 lets the Federal Government know that the Idaho Corporation has been legally Dissolved. We will prepare IRS Form 966 for you to file.

A Federal Tax ID, or Federal Employer Identification Number (EIN), is like the Social Security Number for the Idaho Corporation.  Once the IRS links an EIN to an Idaho Corporation, that EIN stays with the Idaho Corporation even after the Company has been Dissolved by the Idaho Secretary of State.

When the IRS processes the final tax return for the Idaho Corporation, they automatically make the EIN inactive.  However, the account associated with the EIN is not automatically closed by the IRS.  Closing the account associated with the EIN lessens the likelihood of any problems with the EIN account - or with the IRS - in the future.

We will prepare formal documents to get your Idaho Corporation's EIN account closed as quickly as possible.