2006-08-12 21:18:35 · 4 answers · asked by charlies mom 2 in Business & Finance ➔ Corporations
An LLC is a legal entity. Your best bet, although you can do it on your own, is with the help of a qualified and experienced attorney specializing in business startups. The fees will be tax deductible as a business expense. You can also check with your local COSE and/or SBA office for guidance. They offer free counseling to entrepreneurs.
2006-08-12 21:32:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
i do not recognize the position you stay, yet many times you're literally not considered an adult till you attain age 18, and so that you're restricted with the help of regulation in words of forming an LLC or an "S" company. you should search for suggestion from an lawyer, or a company company middle operated with the help of a public or inner most college, for suggestion in this regard. i recognize that in case your LLC/S corp replaced into standard so that you've been the in straightforward words man or woman entitled to the web income, then it can haven't any impact on your mothers and fathers from a Federal or state income tax attitude. they could, besides the undeniable fact that, lose the flexibility to declare you as a depending on their income tax returns when you realized a particular element of income.
2016-11-24 22:43:17 · answer #2 · answered by ganz 4 · 0⤊ 0⤋
Laws very from state to state.So I would talk to a lawyer or accountant about this first. It might only require a 5 minute conversation, but it will be worth it.
Check out the website below for your state laws.
http://incfile.com/LLC/LLC-home.htm
2006-08-12 21:28:53 · answer #3 · answered by andy3191 7 · 0⤊ 0⤋
depending on your state. but it is mostly free if you contact the state to get the forms.
or you can ask a financial couselor or attorney.
2006-08-12 21:25:27 · answer #4 · answered by getit 4 · 0⤊ 0⤋