LLC profits are taxed based on how the LLC is classified for federal tax purposes-not on how...
LLC Source
If your employer wants to invest in your LLC, you can accept their investment-but you should proceed...
Your employer can sue you for starting an LLC only if it violates your employment agreement, misuses...
If you overpay yourself from your LLC, you may create cash flow problems, tax complications, or compliance...
If you don’t pay yourself from your LLC, there are no immediate legal consequences-but it can create...
Once you officially close your LLC, you must also close your business bank account-after settling all debts,...
No, your LLC generally cannot pay your entire mortgage or utility bills directly unless it owns the...
LLC protection shields your personal assets from business liabilities, while business insurance protects your business itself from...
Yes, you can add your spouse to your LLC without paying them a salary. However, doing so...
Whether your LLC should hire freelancers or employees depends on the nature of the work, your budget,...