All About Registered Agents & Registered Offices Your LLC is required to have a reliable point of contact and address for legal documents to be delivered in the unfortunate circumstance that your LLC is sued. The Registered Office must be a street address within the state where your LLC is formed and cannot be P.O. Box. The Registered Agent should be available during normal business […]
EIN: What it is, Who needs one and How to get one. EIN stands for (Employer Identification Number). It is also sometimes referred to as a FEIN (Federal Employer Identification Number, or even FTIN (Federal Tax Identification Number). In a lot of ways, it’s like your business’s Social Security Number. It’s used by the IRS to identify a business for the purpose of reporting taxes. […]
Of all the business structures out there, Here at R2F, we highly recommend choosing the LLC business structure for small or first time business owners. Having an LLC is a win-win company structure. First, it offers a company or business structure in which the owner has personal liability protection (as a corporation would). Second, it offers taxation benefits (as a sole proprietorship or partnership would). […]
1. You’re Protected: Owning an LLC means that you are protected from present and/or future liabilities against the business. In the past, businesses would have had to incorporate in order to gain this protection. Now, owning an LLC guarantees you this protection along with a host of other tax benefits. 2. Taxation on Your Own Terms: You have options! You choose how your business will […]
Before we get started, we think it’s important to understand that an LLC is a type of business, not a license. Nonetheless, proper licensure is essential to forming your company as an LLC. File Paperwork with Your State: Typically, this paperwork is known as articles of organization (certain states refer to it as the certificate of formation/organization). Filing this paperwork is often associated with a […]