Unlocking Your Business Potential
How do I find out who owns a LLC in Illinois? How do I check to see if a Corporation/LLC name is available? The Illinois Secretary of State Department of Business Services provides a database at http://www.ilsos.gov/corporatellc/ where you can do a preliminary search. LLC’s – 217-524-8008. Be prepared with alternative names. Read more on … Read more
Can a pllc be an S corp? A PLLC can opt to be treated like an S corp in the eyes of the IRS. It is important to note the following: You will have to file a Form 2553 to make changes to your tax status. Any S class PLLC will file a Form 1120S … Read more
The State of Alabama requires you to file an annual report as part of your required state Business Privilege Tax return. Read more on www.nolo.com A well-liked corporate structure that shields its owners from personal liability is an LLC, or limited liability company. LLCs must submit an Annual Report to the Secretary of State’s office … Read more
Can you have 2 businesses under one LLC? Yes, you can have multiple businesses under one LLC, but there are other options to consider depending on your business scenario. Whether you are expanding your business, restructuring, or perhaps taking on an entirely different segment or focus area, there are different ways to structure your LLC. … Read more
How long does an LLC take to process in Texas? It typically takes around 5-7 business days to form an LLC in Texas. However, the process can be longer or shorter depending on a variety of factors. Read more on curleybusinesslaw.com An ideal choice if you’re thinking about launching a business in Texas is to … Read more
What’s the difference between trademark and LLC? The Difference Between an LLC and a Trademark. The short answer is-the level of protection they can provide. In the case of an LLC, your business name is only guarded within state lines after you register. State registration-Much like an LLC, your trademarked name is protected in the … Read more
What is a certificate of formation Texas? A certificate of formation form is the document that one must complete and submit to the state to establish the creation of an LLC within the state of Texas. It sets forth the name of the proposed company, the registered agent for service of process, and the address … Read more
What does it mean when an LLC is dissolved? By dissolving an LLC properly, it means that the LLC is no longer a legal business entity so you won’t be expected to pay any fees or taxes, or file any more documents. Despite no longer operating, it is possible for members to create a new … Read more
Is LLC protected from creditors? Just as with corporations, an LLC’s money or property cannot be taken by personal creditors of the LLC’s owners to satisfy personal debts against the owner. However, unlike with corporations, the personal creditors of LLC owners cannot obtain full ownership of an owner-debtor’s membership interest. Read more on www.nolo.com Due … Read more
An LLC may be dissolved in Florida by its members or by a court decision. The company’s affairs are closed out, its debts are settled, and any remaining assets are distributed to the members as part of the dissolution process. To ensure that all legal duties are met, it is crucial to follow the correct … Read more