If you own and operate a business in Arizona, you should consider running this business as a limited liability company (LLC). If properly established, LLCs provide asset protection from business liability and tax savings from business income. Both of the benefits make it wise to conduct your business as an LLC. We can assist you in this matter, protect your assets, and save you on taxes.
NOTE: Arizona recently adopted the New Arizona Limited Liability Company Act, which impacts all existing LLCs and LLCs to be formed soon. If you have a current LLC, you should contact us immediately to ensure that your LLC complies with the New Arizona LLC Act. Suppose you are considering setting up an LLC. In that case, you should contact us to make sure you do this correctly and completely, including the necessary tax election filing with the IRS to reduce your tax liability.