Download or read book DIY Guide to Forming Your Own LLC written by Aaron Sanders and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: DIY Guide to Forming Your Own LLCA Detail Step By Step Guide to Starting & Filing a Limited Liability Company For All 50 States & DCThis step by step guide is intended for people who are about to start a business and want to incorporate their venture for various protections and benefits that an LLC can offer. Incorporating your business not only gives you peace of mind, but it offers a few very key benefits to your new business. Best of all, it is very simple to incorporate a business in the U.S, and the cost is very nominal too.In this guide, I outlined every step you need to take to get started with incorporating your business. Since some of the requirements do vary widely from state to state, I included a step by step process which is easy to follow for all 50 states and District of Columbia, including the most up to date filing costs for each state.This book is divided into two parts. In the first part, I discuss how you can get started with filing your own LLC, what the requirements are, what documents you need to gather, how you can create your own articles of incorporation, how you can apply and obtain an EIN and open your first commercial bank account. Next, I discuss how to keep your LLC in compliance, how to keep records, how to hold annual meetings, and any other relevant information.The second part of the book is where I show a step by step filing process for each of the 50 states in the U.S., including the District of Columbia.Here is a quick glance at what I covered in this book.Part -1 How to Start and Run a New LLC5 Key Advantages of Forming an LLCType of Protection You Get from Having an LLCHow to Structure Your LLCSteps to Starting an LLCWhat and How to Write an Operating Agreement7 Items You Must Include in your Operating AgreementHow to Fund an LLC (Your Business)How to Obtain an EINHow to Open a Commercial Bank AccountKey Obligations to Running Your New LLCHow to Manage Taxes for Your LLCHow LLC's are Taxed with IRSWhat Forms You Need to Fill out with the IRSPart -2 State by State Guide to Forming an LLCIn this part, I lay out each step you need to take to form your new LLC, including what documents to file, where to file, along with the exact filing costs that you will have to pay.