For business owners ready to sell their business, the RedTire program by the KU Entrepreneurship Works for Kansas initiative is designed to address the closing of viable businesses due to the lack of a successor or exit strategy. Find out more here: http://redtire.org/.
Kansas Department of Revenue
Notify the Department of Revenue when selling a business. The department can then change the records of the account to show the information on the new owner and to take your name off the account. This helps reduce the chance you may be contacted about future tax issues for that business. If the department does not know the business has been sold you may be viewed as a non-filer or may be contacted on a tax liability the business incurs after it is sold.