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If my LLC has zero income each year, will my LLC be shutdown ?
Lee, It’s my understanding than an LLC would remain active until the entity either filed for dissolution, or failed to comply with the state requirements of paying the annual report...
Can minors be part of corporation?
Alexandria, From your question I understand that you would like to list your children as official shareholders of your corporation. I believe each state might have specific laws about that,...
Forming an anonymous Nevada LLC
Kevin, If I understand your question correctly you want to know how to protect the privacy of the owners (members) of Nevada LLC by making it manager-managed. Technically Nevada requires...
501c3 filings
...partner company we work with that specializes in the 501(c)(3) filings, and is able to offer free consultations for the tax-exempt status registration, as well as with grants and fund-raising....
Set up LLC in California
...absolutely necessary, as it is very expensive, and if the state rejects the application for any reason, they do not refund the expedite service fees). We have these expedite options...
Difference between Corporation and LLC
Shawn, As this is a question I come across quite often (and understandably so), I posted a response article titled ‘LLC or Corporation?‘ which I believe you will find as...
Does the s corporation brings form 2553?
Dear Sir, If I understand your question correctly, you are asking if you need to file the IRS Form 2553 in order to elect for your corporation to be taxed...
EIN without LLC
...good idea to consult your business plan with a licensed attorney to understand the various implications of having registered legal entity vs. just using an EIN as a sole proprietor....
Formation of Professional Service Corp in Pharmacy
Adam, I understand that your question is whether there is a difference between taxation of S-Corporation as such and an LLC that is elected to be taxed as S-Corporation. A...
Subsidiaries of S-Corp
Aubrey, I understand from your question that you are referring to setting up a parent-child relationship between the holding S-Corp and the companies owned by it (those can be other...
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