Problems with Nevada LLC Formation
Posted on: September 21, 2015
Many entrepreneurs consider Nevada a desirable location for business formation. The most widely publicized advantage of a Nevada LLC is the lack of state income or franchise tax, and as a result, no information sharing with the IRS. What may…[ Read More ]
How To Fund an LLC In Wyoming
Posted on: September 7, 2015
The Sutton Law Center Explains Your Options for Funding an LLC in Wyoming You have formed an LLC in Wyoming. Now what? For most new companies, the next step is raising money. Even the best ideas and the best intentions…[ Read More ]
What Limited Liability Protection for LLCs does in Wyoming
Posted on: August 31, 2015
Wyoming is an attractive state in which to form an LLC. Not only is there no state income tax, but the laws governing Wyoming LLC formation provide substantial privacy and limited liability for LLC members. Advantage of Privacy Unlike many other…[ Read More ]
How LLC Members are Taxed in Nevada
Posted on: August 24, 2015
An advantage to forming an LLC in Nevada is that there is no state income tax, only federal income tax to consider. The LLC is particularly useful since, for tax purposes, it has a lot of flexibility. Members can choose…[ Read More ]
The Basics of Forming an LLC in Nevada
Posted on: August 17, 2015
The State of Nevada provides for three kinds of LLCs: (1) for companies formed in Nevada, (2) for professional businesses (doctor, accountant or any other profession for which a professional license is required), and (3) for companies formed outside Nevada.…[ Read More ]