Having your tax and business attorney form a LLC is a very good idea. Having it tax as an S Corp. is probably not wise for several reasons. ...

How difficult is to add a member to an existing LLC or changing an LLC to manager managed later?

First, you would need to have your tax and business attorney prepare a new Operating Agreement. When you change from a single member LLC to a...

When to use husband-wife LLC vs individual LLC?

Unless you are both working in the business, I would not recommend you and your spouse owning the LLC. The purpose of a LLC is to limit liability....

Non Resident Alien Taxation as a Shareholder

and there were no dividendsYou would have to file federal and state income tax returns based upon your personal income. This would be the salary...

If your LLC is treated as a disregarded entity for tax purposes, then you would be filing a schedule C. Since you said you are already filing a...

If I wanted to form a LLC and live in Philadelphia will I save on taxes by forming this LLC in Delaware?

Probably not. Most likely, you will need to be licensed in States where you do business. Please talk to a good tax and business lawyer to help...

What does "operating a business from an XYZ state" entail, and what permission do I need if my customers are worldwide?

Why do you want to start a US LLC? CA would be one of my last choices for an online business unless you actually are actually going to hire...

Corporate Tax. We are a Foreign company negotiating to deliver consulting services to client in Los Angeles.

First, there is a non-tax issue. As a foreign corporation, you will need to be authorized to do business in CA or whichever Sates you are actually...

Creating LLC

Single member LLCs are usually considered "disregarded entities" for Federal tax purposes. (There are exceptions, for example electing S...

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Separate businesses under se LLC, separate taxIDs?

Your carpet business and t-shirt business sound like two distinct businesses. Why would you want cross-liability - a problem in one business...