2nd Amendment and Freedom
Moderators: mpallett , bakerjw
bmanka
Silent But Deadly
Posts: 232 Joined: Tue Sep 13, 2005 4:31 pmLocation: Texas
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by bmanka Mon Mar 10, 2008 8:30 pm
Has anybody here gone the LLC route in Texas? I would like to know if there are any annual filing or franchise tax requirements.
Patriot In Training
renegade
Silent But Deadly
Posts: 4547 Joined: Tue Apr 26, 2005 9:19 amLocation: Texas
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by renegade Mon Mar 10, 2008 10:40 pm
Yes, annual filing. If no profit, takes 30 seconds.
JustAnotherName
Silent But Deadly
Posts: 441 Joined: Tue Mar 13, 2007 1:21 pm
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by JustAnotherName Mon Mar 10, 2008 11:18 pm
Well, if you are own the LLC as a SP, then the income reflects own your w-4. But in my case - my LLC is a management company, And I went the trust route to keep things separate.
I heart waterboarding.
Ramius
Silent But Deadly
Posts: 449 Joined: Fri Jan 19, 2007 11:54 amLocation: USA - Abroad on Assignments
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by Ramius Tue Mar 11, 2008 9:27 am
The tax rules changed this year (Jan 1, 2008). Not sure about LLC but if < 300k you will be fine. Just fill out the state declaration.
hoss
Silent But Deadly
Posts: 205 Joined: Mon Apr 17, 2006 1:01 pmLocation: Texas!
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by hoss Tue Mar 11, 2008 6:07 pm
I use a LP in Texas. I do usually have to send in copies of the Articles to ATF with the Form 4.
Hoss
