Core

LLC Formation

Create a flexible legal structure for your business.

About this strategy

A limited liability company, or LLC, is a business entity formed under state law that generally separates the business's legal liabilities from its owners. LLCs also provide flexibility for federal tax purposes: depending on the number of owners and elections made, an LLC may be taxed as a disregarded entity, partnership, S corporation, or C corporation. The best structure depends on the business's ownership, income, operations, and long-term goals.

Implementation resources

Slides, templates, and supporting videos.

Implementation Checklist - LLC Formation

Follow the key steps for forming an LLC and establishing the foundational records and accounts your business may need.

Slides

Strategy Overview - LLC Formation

Learn what an LLC is, who may benefit from one, and how LLCs are treated for legal and tax purposes.

PDF