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You've decided you need an LLC for your real estate investing or
small business. But the attorney wants several hundred dollars
or more to fill out the paperwork. Isn't there a cheaper way to
set up an LLC? You bet. You can do it yourself.
An LLC formation, by design, is very straight forward. To set up
an LLC, you file articles of LLC formation or
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We all love to operate under limited liability and all the more
better if we could get some relief from the tax guys.
Well, there is no immediate respite from the tax chaps, so don't
try running from those guys.
They have three options. -They can file returns either as a
corporation, a partnership or sole proprietorship. Certain
llc'sare put under the same category and taxed alike.
These
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Author's Note:This article is the third in a series by Tax ExpertWayne Davies on the advantages of incorporating your smallbusiness or self-employment activity. Article #1:It Can Happen To You:Why Any Sole Proprietorship Is A Risky Businesshttp://www.YouSaveOnTaxes.com/happen-to-you.txtArticle #2:How To Avoid Double The Trouble:Why A Partnership Can Be Twice As Dangeroushttp://www.YouSaveOnTaxes.com/double-the-trouble.txtArticle #3:Three's Company: How To Move From Unlimited Liabilityto Limited Liabilityhttp://www.YouSaveOnTaxes.com hree-is-company.txt------------------------------------------------------------For the
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