Avoid legal problems, Stop your entity from being marked as 'Revoked' in state records, avoid IRS issues, Credit Problems, Stop Entity Hijacking, Online privacy of officers and more..
Avoid IRS Problems
If you do not dissolve your entity and inform the IRS, the IRS will continue to have the entity in their books.
Avoid Credit Problems
If an unwanted entity is not dissolved, fees payable by the entity may continue to accrue, that can lead to credit problems for the owners.
Stop Entity Hijacking
Abadoned undissolved entities can be reinstated by anyone from anywhere for any purpose to be used as aged entity
Stop State Late Penalties
If an unwanted entity is not dissolved, among others, state fees payable will accrue, that can lead to credit problems for the owners.
Remove officer names
Leaving officers names on the state public records can create many problems down the road. It is also recommended for online privacy.
Avoid marked 'Revoked'
Leaving an entity undissolved will eventually get it marked Revoked for non payment of state fee in the state permanent records.