Questions tagged [llc]
Questions relating to Limited Liability Companies (LLC).
23
questions
1
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1
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45
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Taking over an exisitng LLC. Am I liabable for things that took place before my take over?
I am purchasing an existing business and the LLC is being transferred under my name. Am I liable for everything that took place prior to my take over? Ex. If someone tries to sue to the company for ...
- 11
3
votes
1
answer
37
views
USA LLC - Is there anything I need to do regarding existing contracts?
A client is paying monthly - I signed an agreement earlier in the year under my name and I am receiving the money to my personal bank account under my name. If I get an LLC (taxed as an S Corp), will ...
- 131
7
votes
1
answer
144
views
Can I anonymously use my public LLC?
I know it's possible to register an LLC anonymously in a few states. This isn't a question about that. For context, I have not created an LLC yet.
I work as a freelancer and I have a side project (...
- 395
1
vote
1
answer
117
views
How can I be paid as founder of a LLC?
A group of friends are going to create a non-resident LLC in the USA. My question is how can we be paid as company founders?
Would be possible to be registered as self-employed in our respective ...
- 111
1
vote
2
answers
303
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Buying 100% member interest in existing LLC. Do I need a new EIN?
I'm soon going to close a transaction with the owner of an existing single-member LLC, that will transfer 100% of the current member's interest to me, making me the sole member (owner) of the LLC.
It'...
- 151
2
votes
1
answer
70
views
Does LLC Protect from Personal Lawsuit
I am looking on taking my first job as a freelance developer and the project involves ecommerce. We are starting to get to the contract talks and I wanted to make sure if anything goes horrible wrong ...
- 121
0
votes
3
answers
157
views
LLC and liability from past
If I form a LLC today, would I be protected from any lawsuits from the past inventory I sold BEFORE I became a LLC, or am I only protected from the date of my LLC going forward?
- 19
1
vote
1
answer
38
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Unemployment Insurance
What is the best source of information about financial and legal requirements for LLCs? My husband has been paying my quarterly taxes, but I want to make sure we aren't missing anything without ...
- 13
0
votes
1
answer
141
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Invoicing Dutch clients from my Tennessee LLC
I recently moved to Tennessee from Amsterdam, the Netherlands. I'm a web developer with a large client base in the Netherlands. In Holland I was required to add 21% tax (VAT) to my invoices for Dutch ...
- 131
-1
votes
1
answer
234
views
Freelance Insurance for C2C Arrangement
I'm preparing to sign an agreement to work as a freelance contractor using a corp2corp arrangement with my LLC. I know nothing is hard and fast until I get actual quotes. Unfortunately, actual quote ...
- 154
7
votes
2
answers
3k
views
Can I claim payments to me personally as income for my single-member LLC?
I'm a freelancer who offers digital marketing services. I recently established an LLC under a DBA name. From what I understand there is no difference between me and the LLC, and that we are the same ...
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4
votes
4
answers
1k
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Easiest ways for a US LLC to receive payments from UK clients
I currently have a UK based consulting business but I have just moved to the US. I have retained some of my UK clients so I've been looking for the most tax efficient way to manage clients in the US ...
- 41
0
votes
3
answers
251
views
Better to go on payroll or act as a vendor?
I'm a software engineer doing some freelance work for a large organization. The process that they have in place, if I were to work for them as an individual, is that I'm expected to be put on their ...
- 103
4
votes
4
answers
306
views
Should I expect a 1099
(Note that this is a US specific question)
I am a single person LLC (not C or S corp) and last year I contracted with a staffing firm to perform work for a 3rd party on a 1099 basis (rather than W-2),...
- 333
1
vote
1
answer
794
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What are the consequences of letting your LLC become inactive?
This question is specific to Florida, US.
An LLC was formed in Aug of 2014. It failed to file an annual report. I just realized this and found that the LLC had become inactive. The state website, ...
- 113