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Why Every Online Business Should Operate as an LLC
One of the most important reasons for forming any legal entity like an LLC or corporation is the liability protection. I don't need to tell you that a growing lawsuit epidemic is going on in the the United States and it only appears to be getting worse? Statistics reveal that 1000's of lawsuits are being filed each day in the US and small business owners are prime targets.
Seven Essential Steps to Set Up Your Own LLC
STEP 1 - Check on Name Availability:
How to Elect S Corporation Tax Status for Your LLC
Yes, an LLC can elect to be taxed similar to an S corporation. You may question, why you would even want this type of tax treament? Read on and I'll explain.
Big Mistake Made by LLC Owners
In just 5 minutes, I can explain how you can avoid a serious mistake I see many LLC owners make. They try to form a limited liability company (LLC) by filing the initial form with the State Filing Office, usually the Secretary of State.
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