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Updated over 6 years ago on . Most recent reply

User Stats

78
Posts
11
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Joshua Dees
  • Wylie, TX
11
Votes |
78
Posts

Using LegalZoom for LLC Creation, Affordable Tax Y/N ?

Joshua Dees
  • Wylie, TX
Posted
I'm using LegalZoom.com to create my LLC, going through the process now, they offer a service called "Affordable Tax Service" Free for 1 month, then its $320 for the year, so roughly $30/ month. It doesnt seem too much to pay for peace of mind when it comes to taxes. My LLC will mostly be used for Wholesaling, Assigning Contracts, Putting houses under contract, etc. I dont forsee any major purchases or taxable income. The only real attractive selling-point is where they say with this service you can "Potentially save substantially by minimizing tax from the very beginning, along with help in recovering set-up costs" I'm not sure if anyone has any Horror-Stories, like "I wish I would have set my LLC up with the Affordable Tax Service, then I wouldn't have had to worry about....." Is $26.67/ month worth it? Any input?

Most Popular Reply

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1,601
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1,227
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Chris K.
  • Attorney
  • Nashville, TN
1,227
Votes |
1,601
Posts
Chris K.
  • Attorney
  • Nashville, TN
Replied

@Joshua Dees

I would just work with a good CPA. Not sure what this service does but it doesn't seem to be that much cheaper if you are a beginning investor.  

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.

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