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LLC

Below is a listing of our content based on your selected topic, click on the titles below for more information. If the term is unfamiliar, see the Term Glossary.

Having a Sole Proprietorship and filing a Schedule C has its place, but you need to tread carefully. Schedule C filers are among the highest risk groups for audit, and thus it is vital to keep accurate records to support your positions in case the IRS desires to confirm them. Here is a quote from the Wall Street Journal:

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Most entities are required to file annual reports with the states that they are organized in. Be proactive about this, as it is generally a simple process that typically can be done in January every new year.

See the page: http://www.famiglio.com/state-corporate-filing-websites  

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Clients must file their Florida Annual Reports after January 1st, and before May 1st. 

The Florida government's website is:  http://www.sunbiz.org

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Starting a new LLC or Limited Liability Company Shields

The decision to start your own business is a great step in life, and we are here to help. To be successful entrepreneurs need:

  • A great service or product to provide to the public
  • Guidance to find the intelligent way to structure the business

Poorly thought out business structures, often a "Schedule C", can have taxes drain the life out of the core business, and expose the investors other assets to dangerous external liabilities. Fortunately, we have a tool that gives us great flexibility — the Limited Liability Company.

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Typically corporations are required to file annual reports, most of which can be easily filed online. We hope that the following list will be helpful, please contact us if you need any assistance. We have marked the most common states. 

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