Why should I form an LLC ?

 
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Posted On : 28th Aug 2009

If you have made up your mind to start your own business, you will need to figure out which type of business entity you want to set up. One of the most popular business entities is the LLC, which has many advantages and benefits. Set up an LLC can protect your personal assets, reduce your taxes and save your time and efforts in filing excessive paperwork. Formation of LLCs are preferred because they combine the limited liability protection of a corporation and the pass through taxation of a partnership. 

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Mitchell

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If I have a nonprofit why do I need a LLC with my nonprofit what the purpose of it

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Reply from: infotaxsquare.com | 2015-05-10

Why do I need a LLC with my nonprofit?

Dear Mitchell:

Please share us your state with us  because in most states Non Profit cannot be established as an LLC.

You can also use the following links to see, what our customers say about our professionalism and customer service.

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stephanie hart

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I'm trying to start a small business and have know idea where to start. Can you assist me in which the order I'm to start in? I have the ideas but need to know the format in order.

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Reply from: infotaxsquare.com | 2012-06-01

Dear Stephanie Hart:

Thanks for choosing InfoTaxSquare.com for your business needs. To start business you need to follow the following steps.

  1. Choosing the right structure for your business: Do you want to set up Corporation, LLC  or Sole Proprietor  DBA?
  2. Do you need any licenses to start business? It depends on county and state you live.
For all these answers you can either use the following link or call us at 516..822.3100 to discuss in person.

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https://www.infotaxsquare.com/e-book/


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Anderson

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I am starting a new consulting business in the state of CA. The business is services/consulting only - no retail/sales business. We are registering as an LLC.Can you tell me what CA Tax Registration I need to complete? Is there a certain Form for Service companies?

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Reply from: infotaxsquare.com | 2010-05-04

You need to write an article of organization to form you LLC. You can either prepare your on article or retain a professional do it for you.