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390: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions

Main Street Business

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I've Never Even Seen It Before, So Don't Be Offended

If you have assets that their useful life's expired, you oredy depreciated the hell out of it. You do need to do some journal entries and just shut it down. If you have an l lcier corporation, you're going to follow the articles on how the steps take place for that particular business. When there's no more income coming in, usually at this point, you've drained the bank account.

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