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Updated over 8 years ago on . Most recent reply

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4
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Melissa Klinect
  • Bakersfield, CA
0
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4
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LLC Formation Questions

Melissa Klinect
  • Bakersfield, CA
Posted

Hi All, 

I'm about to form my LLC and before I do I have some questions. I live in CA, my mom and I are business partners. Would it be good to register in CA or register somewhere else for tax ramifications and fees? We will mainly begin doing business here in CA but would like to branch out to FL as well in the near future. Also, I've read that as an LLC that needs to keep money in the business account for re-investing, it may be beneficial to opt to be taxed as an S-Corp. Is this a good option?

On another note, has anyone had success using Legalzoom to set up the LLC?

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