Do I Have to File an Annual Report for My LLC in Illinois?

Do I have to file an annual report for my LLC in Illinois? All Illinois corporations, LLCs, nonprofits, and LPs must file an annual report each year with the Illinois Secretary of State, Department of Business Services. In addition to filing an annual report, every corporation must also pay an annual franchise tax. Read more … Read more

Karaoke: A Game or Not?

Is karaoke a game? A popular game using karaoke is to type in a random number and call up a song, which participants attempt to sing. In some machines, this game is pre-programmed and may be limited to a genre so that they cannot call up an obscure national anthem that none of the participants … Read more

Airbnb’s Most Profitable Markets

Where is Airbnb most profitable? To further inspire potential Hosts, we’ve identified the top 10 most profitable areas for new Airbnb Hosts with only one listing in the US for the first half of 2021: Atlanta: $8.5 million. South Florida Gulf Coast: $8 million. Phoenix: $6.3 million. Read more on news.airbnb.com Using the well-known internet … Read more

Dissolving a Company in Wyoming: A Step-by-Step Guide

How do I dissolve a company in Wyoming? A formal dissolution requires submitting Articles of Dissolution and a $50 check to the Wyoming Secretary of State. Once received, there is a 3-5 day processing time before the documents are filed online and the company is formally closed. Read more on wyomingllcattorney.com Although closing a business … Read more

Naming Your Speakeasy: A Guide to Creating the Perfect Name

What should I name my speakeasy? Speakeasy Bar Name Ideas Bee’s Knees Bliss. Ben’s Cloaked Bar. Black Rabbit Bar. The Office. Broken Chandelier Boston. Cabaret Alcove. Pat’s Piano. Cabbie’s Bar. Read more on foodtruckempire.com Looking to create a speakeasy but having trouble thinking of the ideal name? You’re not alone, so don’t worry. A successful … Read more

How to Start a Foundation: A Step-by-Step Guide

How do you start a foundation? Setting Up a Private Foundation in 12 Steps Define a philanthropic objective. Create a mission statement. Solidify grantmaking guidelines. Hire a legal team and financial advisors for initial planning and ongoing compliance, recordkeeping and tax returns. Establish a board structure and appoint board members or trustees. Read more on … Read more

How to Write the Minutes of an LLC Meeting

How do you write the minutes of a LLC meeting? LLC Minutes Form Date, time, and location. Minutes should include this basic information about when and where the meeting was held and how long it lasted. Creator. List of persons present. Topics list. Voting record. Review and approval. Read more on info.legalzoom.com The success of … Read more