llc formation and taxation explained
Stephen L. Nelson is also the author of the bestsellers:
8434 154th Avenue NE
Redmond WA 98052
Tel: 425-881-7350
Fax: 425-671-0585
steve dot nelson at stephenlnelson dot com

Do-It-Yourself LLC Formation Kits for Business Owners & Investors!

Do-It-Yourself Kit: Kentucky llc

Choose between the $49 Premium Option... or the $29 Economy Option

Are you ready to set up your own limited liability company?

Why not get going right now? You'll save time as well as hundreds of dollars setting up your llc by using one of my do-it-yourself Kentucky llc kits. You'll immediately reduce your business or investment risk. And you'll probably begin saving thousands of dollars a year in taxes.

Special Bonus: Sample Single Member and Multiple Member LLC Operating Agreements
Another benefit of going the do-it-yourself route. All of the do-it-yourself kits include both a single member (one owner) and multiple member (multiple owners) operating agreement. Get started even faster by using one of these sample operating agreements as your starting point!

The Premium Option...

For $49 you can purchase the complete edition of the kit and then immediately download a 20+ page pdf document that discusses and describes the twin benefits of using a Kentucky llc for your business or investing. The kit explains in step-by-step fashion how to setup your Kentucky llc in a few minutes, how to get a federal tax identification number for your new llc so you can start banking and other financial activities, and how to elect to have your llc treated (for income tax purposes) as a C corporation or as an S Corporation so you can maximize your tax savings.

Do It Yourself Kit: Kentucky llc ($49 Premium Option) Table of Contents:

  1. Introduction
  2. Maximizing the twin benefits of an llc
    • Limited liability protection
    • Tax classification flexibility
  3. Drawbacks of a Kentucky llc
  4. Easy to follow steps for forming a Kentucky llc
  5. Licensing a business in Kentucky
  6. The right way to get a Federal EIN for your llc
  7. Precise steps for electing C Corporation status for your llc
  8. Precise steps for electing S Corporation status for your llc

$49 Do-It-Yourself Kit: Kentucky llc -- Premium Option

The Value Option...

If you want just the llc formation information and not the discussion and instructions for electing C corporation or S corporation status (parts "G" and "H" in the preceding table of contents), you can purchase the "lite" edition of the Do-It-Yourself Kit: Kentucky llc for just $29.

Do It Yourself Kit: Kentucky llc ($29 Economy Option) Table of Contents:

  1. Introduction
  2. Maximizing the twin benefits of an llc
    • Limited liability protection
    • Tax classification flexibility
  3. Drawbacks of a Kentucky llc
  4. Easy-to-follow steps for forming a Kentucky llc
  5. Licensing a business in Kentucky
  6. The right way to get a Federal EIN for your llc

$29 Do-It-Yourself Kit: Kentucky llc -- Economy Option

Money Back Guarantee

If for any reason you feel you didn't get the information you wanted in a Do-It-Yourself Kit: Kentucky llc formation, contact me at steve dot nelson at stephenlnelson dot com and request a refund within 60 days. Your payment will be completely refunded. No questions, no hassles, no delay.

About the Authors

The Do-It-Yourself Kit: Kentucky llc formation documents were written by Stephen L. Nelson, CPA. A CPA for twenty-plus years, Nelson holds an MBA in Finance from the University of Washington and an MS in Taxation from Golden Gate University. Nelson is the author of numerous best-selling books about accounting and finance including Quicken for Dummies (which sold more than 1,000,000 copes) and QuickBooks for Dummies (which sold more than 500,000 copies). He's also taught llc and S corporation taxation to accountants and attorneys from around the United States in the graduate tax school at Golden Gate University, the nation's largest tax school.

The sample operating agreements included in the Do-It-Yourself Limited Liability Formation kits were written by Carl Baranowski. An attorney for two-plus decades, Baranowski has worked both as an in-house corporate counsel and as practicing attorney, serving both private and public real estate and high technology companies. Baranowski holds an MBA and JD from Stanford University as well as two master's degrees and a bachelor's degree from the Massachusetts Institute of Technology. A member of both the Florida Bar and the Texas Bar, he's also the co-author of the popular legal reference, Representing High-Tech Companies (Law Journal Press, 2006).

Do You Know For Sure You Want An S Corporation?

An affiliated web site, S Corporation Setup Explained, describes S corporations in detail and provides do-it-yourself kits for setting up S corporations, including the Do-It-Yourself Kit: Kentucky S Corporation Setup. You may want to check out this other instruction kit if you know for sure that you want to setup an S corporation.

A Final Point: Would Prefer a Corporation?

For all the reasons given here, in my opinion, most small businesses and investors should use a limited liability company rather than a traditional corporation. However, some entrepreneurs and investors don't like to use the words and acronyms such as "limited liability" or "LLC" in their business name (often for marketing reasons). Rather, these business men and women prefer the words and acronyms like "corporation," "incorporated," "corp," "inc." and so forth.

If you're not so sure about using a limited liability company, or LLC, for your business, you should know that another afiliated web site which I've set up, Fast Easy Incorporation Kits, sells do-it-yourself incorporation kits for setting up a traditional-style corporation. Those kits include discussions of how corporations are treated for tax purposes and a description of the steps for making a subchapter S election for a traditional-style corporation. Accordingly, if you're don't want to use a limited liability company as the platform for your subchapter S corporation, consider instead purchasing the Do-It-Yourself Kentucky Incorporation Kit: Kentucky Corporation.