Myself and a collegue are forming an LLC for a tax preparation company in CA. Should we consult with a lawyer to assist us?

I cannot speak to the advantages of incorporating in another state.

However, I can speak to whether you should consult with an attorney prior to forming your LLC. The short answer is yes. The reason? It's not just about forming an LLC. Its about familiarizing yourself with the laws and regulations that are going to apply to you in your given locality. The attorney you choose should be one, ideally, who will be able to help make sure that you have the necessary foundation to avoid getting yourself in a variety of trouble.

It may seem like a luxury now, band a cost you think you can avoid. However, its cheaper to consult with an attorney in the beginning than to pay the litigation bills later.

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