Illinois has recently become a much more business-friendly state. Prior to the new legislation, Illinois was one of the most expensive states to operate an LLC. It used to cost $500 in filing fees to form an LLC in Illinois, and $250 to pay annual report filing fees....
Forming an LLC is a simple yet crucial step in developing and protecting your business. This process is meant to provide structure, protect against lawsuits, decrease paperwork, and add credibility. And, as Indie Law has written about before, that LLC status goes...
The original plan for this post was to talk about the pros and cons of choosing a sole proprietorship or an LLC for your business. That topic gets covered quite a bit, and there’s a lot to say there. But I’m not going to do that. Here’s why. If...
