Sewell Law Blog
Don’t Overlook Your Local Government
Don’t overlook your local government when starting up your limited liability company. Most local governments require businesses operating in their jurisdiction
Read MoreWhat to Consider Before You Form a Missouri LLC
Starting your Missouri LLC (limited liability company) involves more than selecting a name. Before you form your Missouri LLC, you need to decide, among many…
Read More5 Steps to Selecting a Great LLC Name
Selecting your LLC name is probably the most exciting part of starting your LLC. Most people spend a fair amount of time on this process,
Read MoreLLCs Taxed as S Corporations & Reasonable Compensation
The main reason business owners elect to have their LLC taxed as an S corporation is to avoid the self-employment tax, also known as the…
Read MoreMissouri Series LLC
The Missouri series LLC law was enacted in 2013. This structure provides tremendous flexibility and significant asset protection at a fraction of the cost of…
Read MoreS Corporation Election & Your LLC
March 15th is the deadline for many LLCs to make the S corporation election.
Read MoreLLC Taxation – Distributive Share I
Distributive share is an important LLC tax concept. It generally determines the share of income earned by the LLC
Read MoreLLC Taxation – Economic Effect
As explained in my previous article, LLC Taxation – Distributive Share Part I, your distributive share in an LLC must have “substantial economic effect”.
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