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1 January 2024 | 17 replies
Problems may arisie when you obtain your liability coverage as your insurance company classifies your company for premiums to the type of business.While in all states, the standard verbage for filing Articles of Incorporation includes "conduct all business permitted by lay" (or similar wording) if the business activity is considered too far off your stated business purpose it may be disallowed by a court and say that you were acting individually and not under the Articles of your business.Just because you have an LLC doesn't mean you can conduct any business you like, it should be closely related, usual and customary.
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12 July 2009 | 8 replies
Many states now provide filing online which you can do yourself.I am principal in several companies and they are all LLC's.Once you incorporate contact me and I will send you a link to buy your "share book" which will have a operating agreement.Good luck.Curtis William Lee, Sr.
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27 August 2007 | 3 replies
But it really is pretty straightforward.The complexities arise because of (1) old wive's tales, ie; "they said" and "everybody knows", and (2) gurus telling people that "you need to incorporate".I can't believe how many times in a month I hear or read someone who thinks that; you have to "roll over" the proceeds from the sale of your personal residence to avoid paying taxes on the gain.
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23 November 2018 | 49 replies
Since all my entities are single member LLC's, I can incorporate my rental property LLC's and my lending LLC into one QB file.
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16 February 2015 | 12 replies
He is very knowledgable, and helped setup my law firm with a health insurance package for our needs (younger work force wanting higher deductible plan at lower price point - next year will be challenge for him when I need to incorporate coverage for spouse with type 1 diabetes).
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18 November 2017 | 89 replies
See the IRS.gov site for information on businesses, both Schedule C, partnerships, and incorporated entities.
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15 June 2011 | 40 replies
I'll stand by my previous comments in regards to an Estate should incorporate entities, insurance and trust(s).
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10 June 2014 | 7 replies
Scott,As for the cost associated with setting up an LLC, it depends a lot on which state you choose to incorporate.
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27 October 2014 | 6 replies
I just might incorporate something of this nature into my tenant education!
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4 January 2020 | 27 replies
I haven't incorporated the tax effects (i.e.