News

From a single-member LLC, which means the company has just one owner, to a company owned and managed by different members, the company structure is flexible. What is an S Corp? An S Corp, also known ...
Step 4: Create an LLC Operating Agreement. Creating a South Dakota LLC operating agreement is the only way to legally lock down your LLC’s management and ownership structure. Having an operating ...
Step 4: Create an LLC Operating Agreement. Creating a Washington DC LLC operating agreement is the only way to legally lock down your LLC’s management and ownership structure. Having an operating ...
If you are a single-member LLC with no employees and do not elect a corporation tax status, then you are not required to obtain an EIN. Your Social Security number is your federal tax identifier.
The state's LLC filing fees are just $35 if you are a single-member LLC and $70 if you are a single-member foreign LLC. Kentucky is the second cheapest state, with filing fees of $40.
The state's LLC filing fees are just $35 if you are a single-member LLC and $70 if you are a single-member foreign LLC. Kentucky is the second cheapest state, with filing fees of $40.
Each member owns a percentage, also called a membership interest, in the business. You can have a single-member LLC — an LLC with one owner — as well as a multi-member LLC.
If a single-member LLC doesn't elect to be treated as a corporation, the owner reports the LLC's income and expenses on their personal federal income tax return.
If a single-member LLC doesn't elect to be treated as a corporation, the owner reports the LLC's income and expenses on their personal federal income tax return.
The first step in filing taxes for an LLC with no income is verifying your LLC's tax classification. By default, a single-member LLC is considered a disregarded entity, and an LLC with two or more ...
The first step in filing taxes for an LLC with no income is verifying your LLC's tax classification. By default, a single-member LLC is considered a disregarded entity, and an LLC with two or more ...