How to Draft an Operating Agreement
If you're in the process of starting a Limited Liability Company (LLC), a written operating agreement can help lay the groundwork for how your business will be structured, managed, and operated....
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How Long Does It Take to Form an LLC?
It takes around two weeks to form an LLC or other legal business entity. However, the other steps you'll want to take to plan and prepare yourself for business ownership can take a few hours, a few...
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Adding Members to My LLC: Step by Step
Business is booming, but there are only so many hours in the day. You could really use some help managing, operating, and furthering the core functions of your business activities. Once you've found...
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How to Pay Yourself From an LLC
Starting your business is an exciting time, and one vital part of that is knowing how you're going to pay yourself. Once the money's coming in, just how do you get it out of your LLC? Depending on...
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Do LLCs Get a 1099 During Tax Time?
A Form 1099 is an official tax form that shows when income has been paid to someone who is not an employee. It’s used by the IRS to check that everyone is properly reporting any money they’ve...
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LLC Operating Agreement Costs: Everything You Need to Know (2023)
While creating an operating agreement for your LLC (Limited Liability Company) is an important step to take to protect your business, the good news is that there are no costs to file an operating...
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Single Member vs. Multi-Member LLC: Everything You Need to Know
The difference between a single-member LLC vs. a multi-member LLC might sound simple, but it's a little more nuanced than you might think.
