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Good morning. It is always a good idea to organize a business into a separate limited liability entity. An LLC offers the most flexibility....cheaper than a limited partnership; more flexible than an S Corp; no double taxation as with a C Corp. You create an LLC by filing a Certificate of Formation with the Secretary of State. You would then obtain an Employer Identification Number from the IRS' website. The only remaining thing you would want to do is prepare a simple Operating Agreement which sets forth the basic terms of the LLC....members, contributions, voting, right to sell interest, allocation of profits and losses, ownership interests. If you are the sole member, this can be really simple.
I hope this has given you the guidance you were seeking. I wish you the best of luck!
The information given here is not legal advice. As all states have different intricacies in their laws, the information given is general only. This communication does not establish an attorney-client relationship with you. I hope this answer has been helpful to you.
Sorry for the delay...had meetings most of the day. Yes, the EIN simply is a taxpayer identification form. You will only have to file an income tax return when the LLC starts operations. You will want to have your IT folks simply establish a website for your LLC..
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