What steps should I take to legally dissolve my LLC in Illinois?

To legally dissolve an LLC in Illinois, you must take several steps:

1. Obtain Unanimous Written Consent from Members: All members of the LLC must agree to dissolve the LLC. This agreement should be documented in writing and signed by all members.
2. File Articles of Dissolution: After obtaining the unanimous written consent of all members, you must file Articles of Dissolution with the Illinois Secretary of State. The form can be filed online or by mail with the appropriate filing fee.
3. Notify Creditors and Close Accounts: Notify all creditors and close all the LLC's accounts. Ensure that all debts, taxes, and other liabilities have been paid off or settled.
4. Distribute Assets: The LLC's assets must be distributed among its members in accordance with the operating agreement or state law. If the LLC has any outstanding debts, creditors must be paid off before distributing assets to members.
5. Terminate Business Licenses and Permits: Cancel any business licenses and permits issued to the LLC.
6. File Final Federal and State Tax Returns: The LLC must file a final tax return with the Illinois Department of Revenue and the Internal Revenue Service.

There may be exceptions or limitations depending on the specific circumstances of your LLC. For example, if your LLC has filed for bankruptcy, the process of dissolving the LLC will be different. If you are unsure about how to dissolve your LLC or need assistance with any of the steps listed above, it is best to consult with a licensed attorney who specializes in business law.