If I close my Maryland LLC midyear, will that close my bank accounts and accounts associated to LLC?

Victoria202
Victoria202 Member Posts: 6 Newcomer
in Situation & Life Changes

If I close my Maryland LLC midyear, will that close my bank accounts and accounts associated to LLC? Or do I need to close them all separately.

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Answers

  • Henry
    Henry FreeTaxUSA Agent Posts: 165 image
    Hi Victoria202, closing your LLC generally wouldn't automatically close your bank accounts and associated accounts. You'll likely need to do that separately by contacting each one--your bank, credit card companies, merchant accounts, payment processors, vendor accounts, service subscriptions, etc.

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