When you start a business, you’ll need to determine whether you want to create an entity such as a partnership, a corporation or sole proprietorship. Form 2553 Instructions For LLC
Each of these structures have pros and cons. Most likely it is recommended to establish a limited liability corporation (LLC). Here are the steps you have to follow in order to create an LLC (LLC) in any state. For more information on how to create an LLC for your specific state see the 50-State Guide to forming an LLC.
- 1 Determine Whether You Need an LLC
- 2 Determine Which State to Form Your LLC in
- 3 Can Someone File an LLC For Me?
- 4 What is Deluxe.com? An Overview
- 5 How Does Deluxe.com Work?
- 6 How Do I Get Started with Deluxe.com?
- 7 Who is Deluxe.com For?
- 8 Summary Form 2553 Instructions For LLC
Determine Whether You Need an LLC
If you are thinking about starting a business it is important to decide whether you’ll need an LLC. Here are some of the reasons to form an LLC:
- If you are looking to safeguard your personal assets, you should do so.
- If you’re planning to seek capital.
- If you want to protect your business.
- If you want to form a separate entity apart from your personal assets.
- If you want to protect your intellectual property.
- If you want to limit your personal liability.
Determine Which State to Form Your LLC in
You’ll have to decide the state in which you’d like to form your LLC in. You can create your LLC within any other state however there are many reasons to establish your LLC within your home state.
- If your state has a minimum number of documents required to form an LLC.
- Your state may have a tax rate that is favorable, you should check with your rate.
Find a Registered Agent
You’ll need a registered agent to represent your LLC. It is the person or business that you name as the contact person for your LLC. They will receive notices of lawsuits, legal documents as well as other messages. They may also act on your behalf in case you are unable to act on your behalf. It is common to find an agent registered with the Secretary of State of your state.
Register Your LLC
You’ll need to create an LLC at the State. If you’re creating an LLC within your state of residence you’ll have to submit your Articles of Organization.
Obtain a Tax ID
If you are forming an LLC within your state of residence and you are able to get a tax ID number from the state you reside in. This will allow you to deduct the LLC’s expenses.
Set Up a Bank Account
It is necessary to open an account with a bank to your LLC. You can use your company’s account at the bank to make payments to vendors.
Open a Business Checking Account
You’ll need to establish an account at a bank that is business-related to fund your LLC. This account can be used to pay your LLC’s bills.
Open a Business Savings Account
You’ll need to open the business savings account of your LLC. You can make use of this account to transfer the profits of your LLC.
File the Federal Tax Return
You’ll need to complete your LLC’s annual federal tax form. You can do this at the at the end of the year.
Set Up Subsidiaries
You’ll have to create your LLC’s subsidiaries. A subsidiary is a separate business entity. As an example, you could need to create an affiliate to handle sales, marketing, and customer service.
You can also set up subsidiary companies to operate with your LLC. For instance, you could decide to establish a subsidiary to handle bookkeeping, accounting and payroll.
Register Your Subsidiaries
You’ll have to register your subsidiary.
Can Someone File an LLC For Me?
If you’re looking to establish an LLC, and are lost, or would just prefer someone else handle it for you, you can visit Deluxe.com, and they can handle everything for you.
What is Deluxe.com? An Overview
Deluxe has been around for over 100 years!
Their biggest change from the start was to get out of selling forms for paper and check and rebranded, modified their marketing strategy and are now the all-in-one small business support center.
It’s a great company because they are broad and have many services for-profit as well as non-profit customers.
Instead, they’re trying to improve the world’s economy by improving its efficiency, so they provide services as well as community improvement and contests because they realize that small businesses are the main drivers of global economic growth.
They not only create an LLC on your behalf, they also offer multiple marketing services, such as:
- Marketing via social media
- Social media marketing
- SEO-related services
- Ad management for Search Engines
- Web design services
- Logo design services
- Graphic design services
They also sell marketing items:
- Flyer printing and brochure printing.
- Checks as well as contracts, proposals and various other forms are available.
- Branded Apparel
- Customer branded office supplies and more are also available.
How Does Deluxe.com Work?
Deluxe works is broken down into multiple pieces which support small businesses by providing grants as well as their services and products as well as community partnerships and their voices through the press.
They assist many communities with millions of dollars in grants each year.
In total, Deluxe gave $105 million to charities, and $2.2 million in 2016!
They’re focused on grants include:
- Business education
- Job skills and placement
- Financial literacy
Every year, they hand out grants to the WBDC, SCORE, and others with missions to assist small-scale businesses in their success. Deluxe matches employee donations to provide more opportunities for companies to make charitable contributions. They have an array of options for everyone from small to medium-sized companies to large corporations to make a an impact in the lives of others.
How Do I Get Started with Deluxe.com?
Deluxe has a variety of choices to choose from, and each may differ a little.
Follow the steps below:
Visit Their Website
First, you’d VISIT THEIR WEBSITE HERE.
Choose the Appropriate Product or Service for You
Scroll down to Incorporate or Form an LLC
Click on File Your Corp/LLC Today
After selecting the item or service you would like to order You will then input your billing information and proceed to checkout.
Deluxe has a simple and easy-to-use checkout process.
Who is Deluxe.com For?
Deluxe.com is designed for businesses that:
- Are interested in starting an LLC.
- Know that they need help with payroll, marketing, and managing employees.
- You’re not ready to hire a personnel to satisfy your business needs you’d rather work with an agency
- There are promotional products available that must be utilized to boost brand recognition and improve customer or employee retention, and boost sales.
- For those who want to be a part of the small-business community.
Summary Form 2553 Instructions For LLC
Deluxe assists small businesses to get their businesses running with their funding, grants and community partnership and other services.
They can also help you form the company, for instance either an LLC, or CORP, for you.
Overall, Deluxe makes the process easy. Form 2553 Instructions For LLC