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Junior Varsity
Operating as an LLC
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<blockquote data-quote="Mark Cadwallader" data-source="post: 92385" data-attributes="member: 3468"><p>Re: Operating as an LLC</p><p></p><p>The state laws regarding LLCs vary, as do the state law tax treatments. If you are operating in multiple states, I respectfully suggest that you need to find out what is necessary in each state to have your LLC be in good standing and legally recognized. Don't assume that the laws of your home state will follow you when you operate away from home. I have formed an LLC, and operate it in particular form (manager-managed) in order to take advantage of the way some of my state's labors laws (workers' compensation and unemployment insurance) are written. Doing it differently isn't "wrong", it would just require that I do things a bit differently. (It helps that I work with state labor law as part of my day job....) Mark C.</p></blockquote><p></p>
[QUOTE="Mark Cadwallader, post: 92385, member: 3468"] Re: Operating as an LLC The state laws regarding LLCs vary, as do the state law tax treatments. If you are operating in multiple states, I respectfully suggest that you need to find out what is necessary in each state to have your LLC be in good standing and legally recognized. Don't assume that the laws of your home state will follow you when you operate away from home. I have formed an LLC, and operate it in particular form (manager-managed) in order to take advantage of the way some of my state's labors laws (workers' compensation and unemployment insurance) are written. Doing it differently isn't "wrong", it would just require that I do things a bit differently. (It helps that I work with state labor law as part of my day job....) Mark C. [/QUOTE]
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