Confusion between opening LLC or S-Corp

Whether you want to form an S-corp or LLC depends on a host of different issues, which relate to tax, liability, management, the type of business,...

Difference between Account and Lawyer set up of an LLC to hold my rental properties???

I and disagree with my colleague. Accountants tend to focus on achieving the most favorable tax treatment, while attorneys tend to focus on...

Currently operating a sole proprietorship, want to LLC but should I wait until 2014 to avoid the renewal fee and paperwork?

It's better to have an attorney represent you and prepare your operating agreement than to go online. That said, depending on how much an attorney...

I am a widow and have a revocable trust fund for my children backed up by a Will.

It's very hard to answer this question based on limited facts. It depends on a host of factors, including the instructions contained in the trust...

Is there an advantage revising my revocable trust and assigning all my children as beneficiaries on my life insurance?

Carol's right, you want to have your documents reviewed every few years. The reason is because life changes, the laws change and your goals and...

If I am 42 years old and have substantial assets and have children,would a trust make sense for me?

Trusts are fabulous planning tools that can accomplish a variety of objectives.

LLC question

I'm late to the party, but I'd like to throw in my two cents. This issue can be a simple or as complex as you want it to be. It can be a 60/40...

You should try to retain an attorney that has a lot of experience working with operating agreements in particular, not just any business attorney.

S Corp versus an LLC

My colleagues are all correct. The bottom line is that LLCs provide significantly better asset protection and slightly worse income tax...

My wife started an LLC 1/16/2013 and now need want to Dissolve it 3/21/20103

You can certainly dissolve the entity through sunbiz.org. That will not have any effect on your EIN. You may need to file form 1065 and attach...