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To form a Limited Liability Company go to the government web site for your state. There you will find out all the information about the forms that will be needed to be filed to become a LLC in your state. All the forms you will need can be downloaded from the government site. You can fill out these forms yourself and return them to the proper places.
What else can I help you with?
Can one LLC loan money to another LLC?
Yes, one LLC can loan money to another LLC. This type of transaction is common among businesses and can be structured with a formal loan agreement outlining terms such as interest rates, repayment schedules, and collateral.
How would one form an LLC in Virginia?
Someone that is looking to form an LLC in Virginia can do so by following the instructions on the website Nolo. On this website one will find details on choosing a name for the LLC, annual registration fees and much more.
Where can someone find information about how to form an LLC?
A person can find out how to form an LLC in many ways. There are guides and resources for learning about LLC's and how to start one. Some informative places are Nolo, WSJ, Legal Zoom and Corpnet.
Where can I download a llc form?
You can download a LLC form online but it depends on the state you live in. One website that lists forms for all states is http://www.businessnation.com/legalforms/llcformation.htm.
Can an LLC be a partner in another LLC?
Yes, an LLC can be a partner in another LLC. This is known as a multi-member LLC structure, where one LLC is a member or partner in another LLC.
Is there any basic educational qualification requirement to Form LLC?
No, there are no educational qualification requirement to form a LLC. However, you might consider reading up on the details of what it is and see if you can go to a good attorney firm before establishing one.
Where can one find information on forming an LLC?
One can find information on how to form an LLC from numerous websites. Some of these sites include HowToFormAnLLC, eHow, IRS, and NOLO. One could also contact a financial advisor and ask them for advice.
Can an LLC have only one member?
Yes, an LLC can have only one member.
How does one form an online LLC?
there are several sites that will give you a step by step instruction on how to file for a online LLC. The best company that I found was MyCorporation where for a small fee they will help you complete the process.
What are the requirements to obtain an LLC in California?
The requirements for creating an LLC in the state of California are actually quite simple. One most be in good financial standing (no debt, good credit) in order the fill out the simple form to register a new LLC.
Is LLC tax software a good value?
LLC tax software is for filing taxes for a limited liability company. If you do not own one of these companies, then you should consider getting another form of tax software.
Do you have to file a separate federal or state tax return for an LLC?
It depends on how you have elected your LLC to be taxed. An LLC does not have its own tax return per se; it is taxed as either a sole proprietor, a partnership, or a corporation. If you have not made any election on how you want the LLC to be taxed, there are default rules: A Single-Member LLC (one owner): by default, is taxed as a sole proprietorship. In this case, the LLC would not have its own tax return -- its income and expenses would be reported on Schedule C of the owner's individual tax return (Form 1040). A Multi-Member LLC (more than one owner): by default, is taxed as a partnership. If this is the case, the LLC will file Form 1065 Partnership tax return. If the LLC does not want to fall into one of these two default classifications, they can also elect to be taxed as a corporation by filing Form 8832 "Entity Classification Election" with the IRS. If the LLC does this, they will file a corporate income tax return, Form 1120. The LLC can also elect to be taxed as a Subchapter-S Corporation by filing Form 2553 "Election by a Small Business Corporation" with the IRS. If the LLC does this, they will file an S-Corporation tax return, Form 1120-S. Most states do not require you to make an election on how you will be taxed, they simply say that they will follow whatever election that you make with the IRS. So, the first step is to determine which form you are required to file with the IRS and then you should do the same with the State. If you have not already done so, it would probably be wise for you to sit down with an Attorney or Accountant who can explain the pros and cons of each of these choices. Each tax structure has subtle differences and one may be preferable for you over the others.
