0
votes
1answer
64 views

LLC with 2 members vs Corp to Corp

I am considering forming an LLC, developing a B2B service platform. I am an independent consultant/developer, and have been working with another individual for several years. Over this time, we have ...
0
votes
2answers
58 views

Incorporating in Delaware, Does the owner have to create publications to be recognized as an LLC?

I'm planning to incorporate in Delaware. But not sure If from the start I have to create an x amount of publications to be recognized in the state as an LLC. I incorporated an LLC In NYC and it was a ...
0
votes
1answer
82 views

Dividing an LLC and bringing more partners down the road

I have been developing a game for 3 years now. And recently, a friend has joined me to work on the game with me. By next year, we plan to bring along an artist and musician to help us finish the game. ...
2
votes
1answer
101 views

Is an LLC the right legal entity when considering investors in the future?

My partner and I want to open a franchise restaurant. I primarily want to incorporate to protect against random lawsuits. We haven't decided between fully funding ourselves or seeking investors. If we ...
6
votes
1answer
886 views

C Corp vs LLC Taxes

I'm trying to figure out the various taxes taken out for a C Corp vs LLC. Single-member/ shareholder. (C Corp has more deductions.) C Corp: (1) Tax on profit (after deductions), (2) Payroll tax ...
3
votes
4answers
2k views

What is the most tax-efficient structure for an LLC where the principals aren't drawing salary?

My partner and I have day jobs so we don't need to (or want to) draw salary from our startup. Our startup is already profitable but in our ideal world, the bank account associated with this startup ...
1
vote
1answer
294 views

What business structure should I have if I want to offer convertible debt notes?

I'm thinking about forming a single-member LLC (in the US), but I've never done convertible debt notes (bonds) before, so I don't know what impact that would have on my business structure. Is there ...
2
votes
2answers
311 views

will my FEIN change if I switch my california LLC to a NON PROFIT?

will my FEIN change if I switch my california LLC to a NON PROFIT organization?