LLCs are great because they are flexible when it comes to determining how you want to be taxed. You have the taxation options of taxing your LLC like a sole proprietorship, a partnership or a corporation by filing the appropriate forms with the IRS. Let’s take a look a few of the taxation options available [...]
If you’re an entrepreneur currently running multiple businesses or just thinking about starting a second one, you may be wondering the best way to legally structure them. Should you have separate LLCs for each one or a big umbrella company to hold them all? Are there any limits to the number of companies one person [...]
A lot goes into running a successful business. Of course, the recipe is different depending on your industry, market, and offering. However, one thing all successful LLCs have in common is they remain in compliance – year-in and year-out. 6 Requirements for Keeping Your LLC in Compliance Fortunately, staying compliant with government regulations doesn’t need [...]
When you’re starting a new business there are many things to consider. One key decision is if and when to hire an attorney for your startup. It’s understandable, as an entrepreneur, you want to keep extra costs to a minimum. Which is why many unfortunately put off the decision until they’re faced with a potentially [...]
Are you a sole proprietor who has a great idea for the name of your business? Is it different than your name? If so, it's essential that you understand what a fictitious business is and how to form one in your state*. What Is a Fictitious Business? Despite its name, a fictitious business is a genuine entity. [...]
Have you decided it’s time to wind down your LLC? It’s a big decision to make. However, if you’re sure it’s the right one, then the next step is understanding what this process requires. 3 Steps You Must Take When Winding Down Your LLC Despite what many people think, it’s not as easy as just [...]
Are you hoping to start a Kansas LLC or Missouri LLC? Is one of the driving reasons the many protections it will provide you with? It’s a great reason, but it’s also one that far too many business owners don’t understand. 3 Misconceptions About the Protection Offered by LLCs Before you start a Missouri LLC [...]
If you own a small business, you’ve probably given some thought to what kind of business structure would make the most sense for your unique goals. Although every company is different, for the vast majority of small businesses, it would make sense to form a Missouri LLC or one in Kansas. 3 Reasons Small Business Owners [...]
The American workforce looks much different than it did 20 years ago and the gig economy is growing. Technology has made it easy to find and complete short-term assignments, which has led to a rise in the independent workforce, or “contract” workers. The term for this workforce is called the “gig economy.” While this [...]
LexLaunch.com takes the uncertainty out of the real estate investment business formation process so you can be confident that your new company is protected from risk. Series limited liability companies have become popular in recent years, and are now used in a variety of businesses to separate assets and reduce risk. A Series LLC is [...]
