LLC monthly expenses

[Dabbakai]

1 minute ago, megadheera said:

You need to self pay your self. Taxes vaachi pothai 

entha taxes ?? 

aina you can pay off most of the stuff via LLC and draw little amount kada. 

[Sucker]

44 minutes ago, Dabbakai said:

mari how you use revenue of your company then ?? 

Owner distribution antaru baa. But if you are in highest tax bracket Assam ne. Not worth single member LLC 

[Dabbakai]

10 minutes ago, Sucker said:

Owner distribution antaru baa. But if you are in highest tax bracket Assam ne. Not worth single member LLC 

hmm company revenues are different than individual income right. 

[reality]

39 minutes ago, vaakel_saab said:

wife h4 ead meedha LLC open chesi..  own payroll run cheskovcha..

[Dabbakai]

19 minutes ago, Sucker said:

Owner distribution antaru baa. But if you are in highest tax bracket Assam ne. Not worth single member LLC 

bezos thata lekka zero taxes pay chese chance ee leda manaki ?? 

[Katti_Ramdas]

43 minutes ago, vaakel_saab said:

wife h4 ead meedha LLC open chesi..  own payroll run cheskovcha..

Beshugga

[neekunuvvetopu]

14 hours ago, KadapaKing1 said:

Nenu open chesanu recent ga. Total $400 daaka aiyyindi. Incfile.com website lo chesanu 

You can do it by yourself.. goto your state SOS and then EIN apply from IRS.. I see the following on incfile:  this is only one may be useful: Domain Name + Business Email. - is this for a year?  otherwise, google domains $12 and email ki 5/ or 10/month.  Otherwise, which state bro

 

$399

One time payment

Get the Platinum package

• Package fee$299
• State fee$100

INCLUDES:

• Preparing & Filing the Articles of Organization
• Unlimited Name Searches
• FREE Registered Agent Service for a year!
• EIN Business Tax Number
• IRS Form 2553
• Operating Agreement
• Banking Resolution
• Lifetime Company Alerts
• Online Access Dashboard
• Unlimited Phone & Email Support
• Business Banking Account
• Business Tax Consultation
• Business Contract Templates
• Expedited Filing
• Domain Name + Business Email

[Dabbakai]

36 minutes ago, neekunuvvetopu said:

You can do it by yourself.. goto your state SOS and then EIN apply from IRS.. I see the following on incfile:  this is only one may be useful: Domain Name + Business Email. - is this for a year?  otherwise, google domains $12 and email ki 5/ or 10/month.  Otherwise, which state bro

 

$399

One time payment

Get the Platinum package

• Package fee$299
• State fee$100

INCLUDES:

• Preparing & Filing the Articles of Organization
• Unlimited Name Searches
• FREE Registered Agent Service for a year!
• EIN Business Tax Number
• IRS Form 2553
• Operating Agreement
• Banking Resolution
• Lifetime Company Alerts
• Online Access Dashboard
• Unlimited Phone & Email Support
• Business Banking Account
• Business Tax Consultation
• Business Contract Templates
• Expedited Filing
• Domain Name + Business Email

EIN free ga chesukovachu gaa online lo chesukunte within seconds pdf generate aithadii kada 

[megadheera]

1 hour ago, Dabbakai said:

entha taxes ?? 

aina you can pay off most of the stuff via LLC and draw little amount kada. 

Yes, if you can claim LLC expenses. Remaining amount you pay to your self and tax will be on your overall income based on your tax bracket

[Dabbakai]

1 minute ago, megadheera said:

Yes, if you can claim LLC expenses. Remaining amount you pay to your self and tax will be on your overall income based on your tax bracket

for example I dont draw from the business account it stays in business account. appudu ?? 
I only draw basis on my need so that I will be in lesser tax bracket kada ??
 

[megadheera]

5 minutes ago, Dabbakai said:

for example I dont draw from the business account it stays in business account. appudu ?? 
I only draw basis on my need so that I will be in lesser tax bracket kada ??
 

You have to take the earned money by year end and also you have to pay estimated taxes for LLC every quarter 

[Sucker]

27 minutes ago, Dabbakai said:

for example I dont draw from the business account it stays in business account. appudu ?? 
I only draw basis on my need so that I will be in lesser tax bracket kada ??
 

Vaadakunna kuda profit kindha tax vestharu. 

[awaraa]

15 hours ago, KadapaKing1 said:

Nenu open chesanu recent ga. Total $400 daaka aiyyindi. Incfile.com website lo chesanu 

regular expenses emi vuntayi bro apart from opening fess? like i heard every 3 months irs ki report cheayli anta and cpa charges etc

[Katti_Ramdas]

28 minutes ago, awaraa said:

regular expenses emi vuntayi bro apart from opening fess? like i heard every 3 months irs ki report cheayli anta and cpa charges etc

2 times in a year. $1000 for cpa

[AvramFaind]

Starting an LLC is exciting, but it's essential to plan your expenses carefully. Monthly or yearly costs for an LLC can vary widely depending on factors like your location, industry, and company size. It's great that you're thinking about payroll for yourself and your brother.For accurate estimates, I'd recommend consulting with a local accountant or financial advisor who can provide insights specific to your situation. They can help you budget for expenses like taxes, insurance, licenses, and any professional services you might need.Also, consider looking into payroll companies in London. They can simplify the payroll process and provide cost-effective solutions.