What do I need to Open a Bank Account?
The Essentials package is specifically designed for clients that need to open a Bank Account as quickly as possible. Most Banks will require the following documents to open an account: Articles of Organization, Federal Tax Identification Number (EIN), Operating Agreement, Original Company Meeting Minutes, and a Bank Resolution.
How do I start an LLC?
Forming an LLC for your business requires several steps, including naming your LLC, appointing a registered agent, preparing an operating agreement, and filing articles of organization with the Secretary of State in the state in which you are forming your business.
What is a limited liability company (LLC)?
A limited liability company (LLC) is a popular business structure that allows for the simplicity of pass-through taxation like a sole-proprietorship while providing liability protection for owners similar to a corporation.
What is a Registered Agent?
S-Corporation status is a good option for many small businesses. For qualified owners of a domestic small business, the S-Corporation status provides liability protection to each owner similar to the C-Corporation. However, with the S-Corporation owners can also take advantage of "pass-through taxation". Because the S-Corporation is considered a "pass-through entity" by the IRS, the business itself isn't taxed at the corporate level.