Did you start your business during the pandemic? The rise in e-commerce, coupled with months of lockdown, led many people to turn to alternative methods of income generation. But whether you decided that it was your time for a new jewelry line, or if you turned your sourdough starter into a startup, it’s important to have the right legal and tax designation for your small business. We can help, through effective LLC formation assistance provided by real legal professionals, right here in the state of Connecticut.
With our attorneys at The Law Office of Larracuente & Goulden in Milford, CT, you have a team to help you make the tough decisions. From family law to forming a limited liability company in our state, we work with our clients to see real results. Having the proper designation for your business is a must, as there are certain tax and liability advantages for LLCs that you might be missing out on currently.
Ready to make it official? Call our office to learn more.
I Work From Home. Do I Need To Make A Change?
These days, e-commerce can mean a lot of different things, from small sellers to large companies. The simple fact of the matter is that the way that we purchase things has changed, and people prefer to shop online. But there are certain legal rules that you need to follow, and some of them have not quite caught up with the times. One area where small business owners can struggle is with the legal side of their business, and we’re here to help.
If you sell things online, it could be beneficial to form an LLC in the state of Connecticut. This is a legal and tax designation, and it could mean a few different things for your company. Talk to your attorney to find out of forming an LLC is the right step for you as a business, as well as you as an individual.
What Does LLC Formation Actually Do?
As a tax and legal designation, creating your very own LLC can do a few things. Some of these are rather important, like the way it changes your liability as an individual. As the name implies, a limited liability company adds a level of protection, helping separate your business finances from your personal ones. In the event of a company bankruptcy, having formed an LLC can make a real difference.
There are also tax advantages to LLC formation. Certain deductions and benefits are available to these entities that are not possible for a pole proprietor. So, if you’ve been putting it off, it could be costing you!
Form Your LLC With Larracuente & Goulden
Is it time to make your business official? To find out more about LLC formation in the state of Connecticut, call The Law Office of Larracuente & Goulden, LLC in Milford, CT at (203)951-6688 today.
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