QuickBooks LLCs can have many different owners, but unlike a partnership, those owners cannot be held personally liable for the company’s debts or liabilities. This is similar to corporations, but unlike corporations, QuickBooks LLCs are a flow-through entity, meaning the business isn’t subject to double-taxation. This guide will walk you through everything you need to know (from government regulations to necessary paperwork) to properly form an QuickBooks LLC. If you’d like to learn about other options when it comes to forming a business, see our video series on choosing the best business entity for you. QuickBooks LLC must prepare an articles of organization, which states key components of the company, such as its name, address, the owners (called “members”) and its location. For a free customizable articles of organization template, It’s not a complete guarantee, but practically every state will require you to register with an official statutory agent or registered agent. This person will act as a representative for your LLC, receiving any legal documents, lawsuits, subpoenas, and so on. They will then hand them off to the appropriate person at your company, which in the beginning, will likely be you.
QuickBooks LLC, we provide a wide range of accounting services solutions for companies across the country – for small to mid-sized businesses, including outsourced Business Plans, Business Formation, Bookkeeping, HR and Payroll, and State and tax returns to financial forecasting. At competitive pricing we offer best class service. We also offer free initial consultations to all individuals and businesses. Our aim is to ensure timely and effective management of your accounts by enabling your business to grow.