LLC Startup Guide
Introduction
A limited liability company (LLC) is the most encouraged business structure for small businesses. It provides the owner with limited liability protection, provides tax flexibility, and is easy to run.
This beginner's guide is intended for the entrepreneur considering starting an LLC. This guide will explain in plain terms what an LLC is, the benefits / drawbacks of this structure, how to operate it, how it's taxed, the costs involved, and the step-by-step paperwork to start an LLC in your desired state.
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Choosing an LLC
An LLC is a very popular structure for small businesses. Explore how an LLC works, the benefits it provides, and the drawbacks of this structure.
What is an LLC?
Benefits of an LLC
Advantages and Disadvantages of an LLC -
Forming an LLC
This section introduces the various government and internal documents that create and govern the LLC.
How Do You Form An LLC?
LLC Registered Agent
Articles of Organization
Operating Agreement
Organizational Meeting
Membership Certificates -
LLC Taxation
Learn how an LLC is taxed, get your EIN, and decide if you should elect S-Corp tax treatment.
How Is An LLC Taxed?
Federal Tax ID (EIN)
LLC S-Corp Election