The answer may depend on when the LLC was formed in IL. The current articles of organization do not specify management so the LLC is member...

My advice is to contact the Illinois Secretary of State to get the entity back in good standing. They can tell you what forms to file and how much...

I believe that Illinois may permit a corporation and LLC to have similar names if the corporation delivers a letter to the Illinois Secretary of...

I agree with Mr. Hoffman . You need to file IRS form 8832 to elect for the LLC to be treated as a corporation for federal income tax purposes...

Inheritance coming. Prior tax lien. Not sure what to do.

What is the dollar amount of taxes you owe? How large is the inheritance? IRS lien and assessments expire after a period of time. I believe 10...

You can qualify your Ohio LLC to do business in Illinois as a foreign LLC. That is a simple process. — check out the IL Secretary of State web...

Reinstate S corp in Illinois?

Check with the Illinois Secretary of State. You need to file Articles of Reinstatement and the late Annual Report. The fees should be less than...

If an Illinois LLC distributes property including cash to its members which renders the LLC insolvent, an LLC creditor can recover directly from...

LLC business question.

As the first attorney to answer your question, an attorney will need to review the existing operating agreement and the course of conduct to...

Generally, an LLC can be a sole member of another LLC so that the LLC is the subsidiary of the other LLC. I am assuming that you are not electing...