#llc
LLC formation, taxation, and accounting best practices explained
Eight US states adopted flat taxes since 2021, with more cuts for 2026 — pass-through owners should re-run estimates, PTET elections, and nexus exposure.
Your PLLC shields you from a partner's malpractice, never your own. Which states mandate one, who may own it, and the Form 2553 S election.
Many states bar licensed professionals from forming a plain LLC — you need a PLLC or professional corporation, and neither shields your own malpractice.
Only a trademark stops copycats: a DBA grants zero exclusive rights, and an LLC name only blocks same-named entities in your state.
Dissolving a corporation or LLC takes a state filing, a final return with the box checked, and Form 966 within 30 days — miss one and the bills keep coming.
TurboTax Business guides first-timers, H&R Block bundles the 1040, TaxAct undercuts both — pick US entity software by forms, e-files, and support.
Pennsylvania LLCs faced a September 30 annual report deadline; corps June 30, LPs December 31. A missed 2027 report triggers dissolution six months later.
Colorado HB26-1088 voids unpaid filings, bans fraudulent registered agents, and fast-tracks scam-entity dissolution — effective August 12, 2026.
Bluevine now onboards foreign-resident US business owners fully remotely — but every foreign-owned LLC still owes Form 5472 or faces a $25,000 penalty.
A shotgun clause lets one 50/50 LLC member name a buyout price the other must accept or match — a fast deadlock exit, if you avoid the valuation traps.
Most states let a dissolved LLC reinstate by filing missed reports and paying back fees, but the gap can expose owners personally and free up your name.
A registered agent takes lawsuits, a virtual mailbox takes mail, a PO Box takes USPS only — and banks reject CMRA addresses as your physical location.
