We will prepare all the necessary forms and supporting documents for LLC formation, including:

• Corporate name clearance and draft Certificate of Formation
• Customized Operating Agreement indemnifying members of the LLC

In short, we provide a start to finish service. Your case is safe with us until the case is complete.

Client Questionnaire

1. What’s the name of your business?
2. What kind of business do you wish to form?
3. What’s your business plan?
4. What is the business address?
5. Who are your business partners (members), if any?
6. Who’s allow to membership to your business?
7. Who are the business officers and managers?
8. What are the initial contributions and additional contributions to the business?
9. How are membership interest transferred in the business?
10. What happens if the business needs to be dissolved?

• Members of a Limited Liability Company are protected from any liability, lawsuits, or creditors that may pursue the business;
• Members of a Limited Liability Company are able to deduct its operating losses against the member’s regular income to the extent permitted by law;
• The IRS does not consider a Limited Liability Company to be a distinct separate entity for tax purposes. As a result, members of the Limited Liability Company can determine how they wish to be taxed as follows:
  1. With a Single Member Limited Liability Company, the business is taxed like a sole proprietorship. Profits and losses are taxed through the single member’s personal federal tax return;
  2. With partners in a Limited Liability Company, members elect to be treated like a traditional partnership for tax purposes;
  3. By filing a Limited Liability Company as a corporation, members elect to be treated like a corporation for tax purposes;
• A Limited Liability Company is not subject to double-taxation like a corporation is, thus they avoid tax at the corporate level and only pay taxes at the member level.

1. Managing members will have to include profits on their personal income taxes like a self-employment tax and pay for federal items like Medicare and Social Security;
2. A Limited Liability Company has a limited lifespan, such that if all members depart the business, then it ceases to exist