The Advantages of a Single-Member LLC

What is the advantage of a single-member LLC? The pros and cons of a single member LLC Pros Cons Ability to bring on new members Must submit compliance forms to prove you’re following the rules and stay in good standing Flexible federal income tax filing (choose to file as a sole prop or corporation) Must … Read more

How to Create an LLC: A Step-by-Step Guide

¿Cómo se crea una LLC? Read more on hispanosemprendedores.com In the United States, a Limited Liability Company (LLC) is a common corporate structure that provides flexibility in terms of management and taxation. It appeals to small business owners since it is a reasonably simple alternative to set up and manage. Here is a step-by-step guide … Read more

Guide to Setting Up an LLC in Colorado

How do I set up an LLC in Colorado? How to Start an LLC in Colorado Choose a Name for Your LLC. Under Colorado law, an LLC must contain the words or abbreviation “”limited liability company,”” “”ltd. Appoint a Registered Agent. File Articles of Organization. Prepare an Operating Agreement. Obtain an EIN. File Periodic (Annual) … Read more

Cost of Setting up an S Corp in California

How much does it cost to set up an S Corp in California? There is no filing fee, but you will have to meet certain requirements, such as having fewer than 100 shareholders and getting consent from all shareholders to pursue S corp status. You will also have to make your S corp election within … Read more

Why Forming an LLC is the Best Option for Truck Drivers

Why an LLC is the best option? LLCs are quickly becoming a very popular choice of business entity for new businesses, mostly because it’s a simpler and less complex business than corporations. An LLC is meant to provide benefits such as limited liability, good taxation options, flexibility in ownership, and fewer legal issues. Read more … Read more

Why Should I Form an S Corp?

Why should I form an S corp? Asset protection. One major advantage of an S corporation is that it provides owners limited liability protection, regardless of its tax status. Limited liability protection means that the owners’ personal assets are shielded from the claims of business creditors-whether the claims arise from contracts or litigation. Read more … Read more

Naming Your Business LLC: Tips and Guidelines

How do you name a business LLC? How to get an LLC Choose a Business Name. Check the Availability of Your Business Name. Register a DBA Name. File Your LLC’s Articles of Organization. Designate a Registered Agent. Draft an Operating Agreement. Fulfill the Publication Requirement. Obtain Business Permits and Licenses. Read more on www.legalzoom.com Choosing … Read more

How Much Does It Cost to Start a LLC in Wyoming?

How much does it cost to start a LLC in Wyoming? The cost to start a Wyoming limited liability company (LLC) online is $102. This fee is paid to the Wyoming Secretary of State when filing the LLC’s Articles of Organization. Read more on howtostartanllc.com Wyoming makes it reasonably simple to form a Limited Liability … Read more

Benefits of Getting an LLC in Florida

What are the benefits of getting an LLC in Florida? Benefits of an LLC in Florida Limited Liability Protection. Pass-through taxation. Tax options. Simplicity. Increased credibility. Name registration. Ownership flexibility. Read more on howtostartanllc.com What kind of business structure to choose is one of the first choices you will need to make if you are … Read more