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According to the U.S. Small Business Administration, 22,123 Arizona establishments closed between March 2022 and March 2023, underscoring the necessity for LLC owners to understand the dissolution process thoroughly [1].As a tax attorney who has guided over 25 Arizona LLC dissolutions in the past 5 years, I created this guide to walk you through each step—from the member vote to final account... Read more >

Whenever you make certain changes to your LLC in Georgia, state law requires that you file Articles of Amendment to update their records and keep your company compliant. If you want to amend the Articles of Organization for your Limited Liability Company in Georgia, there are a few steps you'll need to follow. As a Mergers and Acquisitions specialist, I've encountered numerous entrepreneurs... Read more >

When an Illinois business is completed, the function has been achieved, is no longer profitable, or the owners want to move on to other opportunities, it's time to dissolve the limited liability company.As a tax attorney specializing in mergers and acquisitions who has successfully guided 45+ Illinois LLC dissolutions over the past 9 years, I will walk you through the exact dissolution process... Read more >

Retirement plans are a great way to save money for your retirement. It provides security and allows you to invest part of your income.There are several LLC retirement plan alternatives available. Determine which type of account is best suited to your needs.As a business consultant with over a decade of hands-on experience helping LLC owners navigate retirement planning across multiple states,... Read more >

When you formed your LLC, you named a registered agent as part of the filing. That part's easy. But what happens when you need to swap that agent out later?The good news: it's not a complicated process. That said, you do need to get it right — miss a step and you could end up with a compliance gap that causes real headaches down the road. I've seen this trip up a lot of first-time founders... Read more >

Changing the business address of your Limited Liability Company (LLC) is a crucial administrative task that requires careful planning and execution.As business and legal experts who've guided countless entrepreneurs through LLC formation and compliance updates, we've seen firsthand how address changes impact everything from legal filings to operational continuity.After thorough consultations... Read more >

One of the initial steps in forming an LLC in Arizona is to reserve the desired business name for the company. Filing an application to reserve ensures that the name is available when you finally decide to launch the business.Having guided hundreds of entrepreneurs through LLC formation across all states as a Mergers and Acquisitions specialist, I've seen firsthand how securing the right... Read more >

If you are the owner of a California limited liability company and have made the decision to dissolve it, you will need to take the necessary steps to legally terminate your business according to the rules set by the California Secretary of State. Our team at Venture Smarter has spent over a decade guiding business owners through LLC dissolution, and we've personally navigated the California... Read more >

Self-employment tax is a flat 15.3% on your business profits — paid directly to the IRS — and it covers both the employer and employee sides of Social Security and Medicare.As a tax attorney who's helped more than 40 self-employed people legally cut this bill, I can tell you most overpay simply because they don't know what's allowed.Here's what actually... Read more >

You can name your limited liability company after yourself as long as you conform to all legal requirements and follow the necessary steps. Through my work as a Mergers and Acquisitions specialist helping businesses form their LLCs, I've regularly advised entrepreneurs on whether using their personal name makes sense for their companies. Together with our team of business consultants, we at... Read more >

Starting an LLC in North Dakota isn't complicated — but there are specific documents to file and steps to follow if you want to do it right the first time.I've spent years working through business formation processes with real founders, including working directly with LLC specialists in North Dakota. What follows reflects current requirements and the practical realities of getting your LLC... Read more >

An LLC can be run by a manager and your LLC's operating agreement will define exactly what a managing partner can and cannot do. With the collaboration of our LLC experts with over ten years of experience and some researchers, we at Venture Smarter have properly detailed everything about an LLC managing partner. This comprehensive article covers everything from its definition to the functions the... Read more >