Are you ready to turn your ideas for a business into reality? LLC & S-corporation Beginners Guide: Step-by-Step Illustration of Forming, Managing, and Understanding Taxes with Practical Experience for New Business Owners.Starting an LLC (Limited Liability Company) or S-corporation might be intimidating, particularly if you recently entered the business sector. Every element of creating and running a Limited Liability Company is broken out in this thorough book into simple, understandable actions.Not just a theoretical summary, this book offers practical guidance grounded in experience. I understand your struggles and questions since I've been there before. This book is your go-to tool, whether you run an established company trying to formalize your activities or are a young entrepreneur.Inside, you'll find:• Closely examining why your company could find it an appropriate fit.• Understanding the main benefits will help one appreciate liability protection and tax freedom.• Should You Create a Limited Liability company? Real-world knowledge to guide your choice of structure for your company an LLC or another?• Selecting a Business Name: Advice on a distinctive and legal business name.• Drafting an operating agreement that fits your company's particular requirements.• Getting an EIN: Why and how should one apply for an Employer Identification Number?Key responsibilities to maintain your Limited Liability Company in good standing include legal and compliance.• Licensing and permissions: Your company's licenses and permissions can be called for.• Annual Reports and Fees: Details on preserving your LLC's standing by consistent submissions.Examining several management arrangements helps one distinguish member-managed from manager-managed LLCs.• Knowing Taxes: Negotiating the complexity of Limited Liability company taxation.This book makes creating and administering a Limited Liability company understandable and controllable with real-world examples and sens…