| Why you should hire attorney Rick Keyt to form your AZ LLC instead of a paralegal or document preparer. |
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Number of days for ACC to review Articles filed on an expedited basis: 8 ACC is now reviewing documents filed on 5/7/08.
We are attorneys, not uninsured or unlicensed document preparers. |
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Do not form an LLC yourself without first reading
Arizona LLC attorney Richard Keyt's article called "The Two Phases in the
Life of an LLC" so you understand the legal significance of the two phases
in the life of every LLC.
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File Articles of Organization with the Arizona Corporation Commission (the "ACC") with an ACC document called a Cover Sheet, | |
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Publish the Articles of Organization in a newspaper of general circulation the required number of times, and | |
| Submit an affidavit of publication to the ACC. |
Despite this relatively easy three-step process, there are a number of tasks the must be performed in conjunction with forming an Arizona limited liability company ("LLC"). The following is a checklist and explanation from A to Z of how to form a limited liability company in Arizona.
For a summary of the characteristics of the seven types of entities commonly used in Arizona to operate businesses and hold assets, see "Types of Entities for New Arizona Companies."
a. Trademarks & Service Marks
Finding a good name for your new Arizona limited liability company can sometimes be the most difficult piece of the formation puzzle. Ideally, you want a name that: (i) will afford strong federal trademark protection, but will not infringe on anybody's trademark or service mark, (ii) will be easy for your customers to remember, (iii) will describe your products or services, and (iv) will allow you to obtain .com, .net., .org, .biz and .info domain names. For information on obtaining domain names, see How to Obtain a Domain Name that Does Not Infringe on a Trademark.
One way to check if your desired company name will infringe on a federally registered trademark or service mark is to search your prospective name and variations thereof on the searchable database of the United States Patent & Trademark Office.
Unfortunately, obtaining a strong trademark that describes your product or services is frequently not possible. These two goals are in conflict. Most clients of trademark lawyers want a trademark that describes their products or services. For example, if I have a bar and grill called Rick's Bar & Grill, it describes my business, but federal trademark law grants a lower level of protection to marks that are merely descriptive of the products or services. People like descriptive trademarks because they are descriptive. Trademark lawyers prefer marks that are arbitrary such as Apple® when used to identify computer products or fanciful marks such as Xerox® because these types of marks provide the highest level of trademark protection. For more information about trademarks and service marks, see the KEYTLaw feature called "Trademarks & Service Marks."
b. Arizona Corporation Commission Name Approval
When you have selected at least one possible company name, you should perform a Preliminary Name Search on the ACC's website to see if you can find any Arizona entities or tradenames that are exactly the same as or too similar to the name you have chosen for your LLC. All Arizona LLC names must satisfy the requirements of Arizona Revised Statutes Section 29-602.
The Arizona Corporation Commission will not approve a proposed LLC name unless the proposed name is distinguishable from other names already on file with the Arizona Corporation Commission and the Secretary of State. For an explanation of what makes a name distinguishable from another name, see the Arizona Corporation Commission Naming Standards, which has a list of the rules the ACC uses when reviewing proposed names.
You must prepare your new company's Articles of Organization and have it signed by at least one person. The Articles of Organization must contain the following information:
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The name of the Arizona LLC (the new company's name) | |
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The address of the registered office of the Arizona LLC | |
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The name and business, residence or mailing address of the agent for service of process for the Arizona LLC | |
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The latest date, if any, on which the Arizona LLC must dissolve | |
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One of the following statements: Management of the limited liability company is vested in a manager or managers, or Management of the limited liability company is reserved to the members | |
| The name and business, residence or mailing address of either of the
following: If management of the Arizona LLC is vested in a manager or managers, each person who is a manager of the limited liability company and each member who owns a twenty per cent or greater interest in the capital or profits of the limited liability company, or If management of the Arizona LLC is reserved to the members, each person who is a member of the limited liability company. | |
| The statutory agent must sign a statement acknowledging acceptance of the duties of statutory agent. |
See the ACC's sample form Articles of Organization (pdf) and related instructions. This form is in .pdf format, which requires the Adobe® Acrobat® Reader® software. You can download the software for free from Adobe®.
Every Arizona limited liability company or LLC qualified to do business in Arizona must have and maintain a statutory agent located in Arizona. The purpose of a statutory agent is to give notice to the public of a person or entity authorized by the company that can be served with legal documents as the agent of the company. The statutory agent is the person or entity that can be served with a summons and complaint filed in a lawsuit.
The statutory agent must be one of the following:
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An adult individual who resides in Arizona. | |
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A domestic company formed under Arizona corporate law. | |
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A foreign company authorized to transact business in Arizona. | |
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A limited liability company formed under Arizona law. | |
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A limited liability company authorized to transact business in Arizona. |
The statutory agent must have an Arizona street address rather a post office box.
When you file the Articles of Organization with the ACC, you must also submit a completed cover sheet (pdf).
Call 602-906-4953, ext. 1 NOW if you want an LLC to: (1) prevent creditors of your business or investment real estate from taking your personal assets, and (2) asset protect your personal assets from debts, liabilities and lawsuits.

When you submit your Articles of Organization, you must also pay the filing fee, which is $50. You can pay the fee with cash or your check.
You may also pay an extra $35 for expedited review service. I recommend that you pay the extra $35, which will cause the ACC to review your Articles of Organization within the shortest time period possible. If you do not pay the extra $35 it could take up to a month for the ACC to approve or reject your Articles of Organization. When the articles are approved, the date of approval reverts back to the date the articles were filed. The problem with using regular review service rather than the expedited review, is that it can substantially reduce the time remaining to publish the Articles of Organization and deliver the affidavit of publication to the ACC.
When you are ready to file the Articles of Organization of your new Arizona LLC, hand deliver or mail the following to the ACC:
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Completed and signed Articles of Organization | |
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Completed cover sheet | |
| Cash or check to pay the filing fee |
Request Richard Keyt's free must have white paper called "10 Critical Facts Every LLC Owner Must Know."
File your Articles of Organization of your Arizona LLC, and pay the filing fee at either of the following ACC locations:
Phoenix office: 1300 W. Washington, 1st Floor, Phoenix, AZ 85007.
Tucson office: 400 W. Congress St., Tucson, AZ 85701
ACC offices are open Monday - Friday, 8:00 a.m. to 5:00 p.m., except holidays. You may mail all the Articles of Organization and a check for the filing fee to either ACC office. The ACC does not accept credit cards.
What you don't know about operating your Arizona LLC could cost you thousands of dollars or possibly risk a court "piercing the veil" and holding the members of the LLC liable for its debts. Arizona business attorney Richard Keyt's in depth, Arizona specific 100+ page Arizona LLC Quick Start Guide is the Holy Grail about operating Arizona LLCs. Merriam-Webster's dictionary defines "Holy Grail" as "an object that is sought after for its great significance," a term that aptly describes the AZ LLC Quick Start Guide.
This owner's manual for operating an Arizona LLC explains 75+ critical topics that affect Arizona LLCs. See the five page Table of Contents and you will be amazed that so many important topics are explained in one convenient source. Click here to purchase the Quick Start Guide now from our internet store for the incredibly low price of $99. Ignorance of Arizona LLC law and how to operate your Arizona LLC could be very costly.
It goes without saying that you should make a copy of the Articles of Organization of your Arizona LLC that you submit to the ACC and retain them in your company file. I recommend that when you file your Articles of Organization, you submit an extra copy and ask the ACC to stamp the extra copy to show the date the ACC received the Articles of Organization. This extra copy can be shown to other parties (such as a bank when you open a bank account) before you receive the final approved Articles of Organization from the ACC.
After the ACC reviews the Articles of Organization of your new Arizona LLC, it will mail to the company's place of business a notice of approval or rejection of the Articles of Organization. If the Articles of Organization were rejected, your company was created as of the date the articles were filed, but it terminated twenty days after the ACC notifies the filer of the articles of a defect and the articles are not brought into conformance. The ACC will notify you in a letter why the articles were rejected. You may then correct the problem and resubmit the Articles of Organization. However, you will not be able to recover your filing fee if the ACC rejects your filing.
If your Articles of Organization were approved, the Arizona LLC was created ("born") as of the date the Articles of Organization were filed with the ACC (or a later date set forth in the articles).
Within sixty days after the date the Articles of Organization were filed with the ACC, you must publish a Notice for Publication for three consecutive publications in a newspaper of general circulation in the county of the company's known place of business in Arizona. The notice of filing the Articles must contain the information required in Arizona Revised Statutes Section 29-632, subsection A, paragraphs 1, 2, 4 and 5.
If you file the Articles of Organization on an expedited basis, you may wait to publish the Notice for Publication until the ACC approves the Articles of Organization to prevent wasting the publication costs if the articles are rejected.
See the ACC's list of Arizona newspapers of general circulation by county, which list also includes newspapers from which the ACC will not accept publications. The cost to publish the Notice for Publication depends on the newspaper, the county in which the newspaper is located and the length of the Notice, but you should budget $55 - $85 if the known place of business is in Maricopa County.
Publication cost will be greater if your company's known place of business is outside Maricopa County. Caution: The Yuma Daily Sun is the only ACC approved newspaper in Yuma County so it grossly over charges for legal publications, including a Notice for Publication. In the past, this newspaper charged me three times more to publish in Yuma County than what I paid in Maricopa County for similar publication.
To avoid excessive legal publication costs (perhaps as much as $100 or more) for a Notice of Publication, do the following:
Before filing the Articles of Organization, prepare question 2 of the Articles to list the LLC's known place of business in Maricopa County.
Publish the Notice of Publication in Maricopa County (hopefully using our convenient discount publication service - see below).
Within ninety days after the date of filing the Articles of Organization, you must file with the ACC a notarized Affidavit of Publication evidencing the publication of the Notice for Publication as required by Arizona law. Confirm with your newspaper that it will automatically as part of its publication service prepare and file the Affidavit of Publication with the ACC. Instead of filing the Affidavit of Publication directly with the ACC, some newspapers mail the document to you and you must then send the Affidavit to the ACC before the ninety day deadline. Make a tickler or calendar a reminder of the deadline if you must send the Affidavit to the ACC.
If you fail to timely publish the Notice of Publication or fail to timely file the Affidavit of Publication with the Arizona Corporation Commission, the ACC may revoke the charter of the company, which causes it to die and cease to exist.
Most newly formed companies must obtain a federal employer identification number. Banks require this ID number for bank accounts. If the company will have employees and pay wages, it must file payroll tax returns and pay payroll taxes using the ID number. A company obtains a federal ID number by completing IRS Form SS-4 (pdf), Application for Employer Identification Number, and filing it with the Internal Revenue Service. See also the Instructions for Form SS-4 (pdf) and IRS Publication 1635 (pdf), Understanding Your EIN - Employer Identification Number.
You should apply for an EIN early enough to have your number when you need to open a bank account, file a tax return or make a tax deposit. You can get an EIN over the phone by calling the Tele-TIN phone number for your state, which for Arizona entities is 1-800-829-4933. Before calling the IRS, fill in the IRS Form SS-4 as best you can because the IRS may ask you to refer to it while on the phone and may ask that you sign and mail or fax a copy of the form to the IRS within 24 hours. The person making the call must be authorized to sign the form or be an authorized designee.
You may also obtain a federal EIN online in a matter of minutes from the IRS website. After submitting the completed Form SS-4 online, the IRS' system will immediately issue an EIN. Online EINs are available 24/7 without the need to file any paper document with the IRS. The online EIN is a provisional EIN, but it will be the permanent federal employer identification number for your business unless voided by the IRS. The IRS may void an EIN obtained online if : (i) the name and social security number of the principal officer do not match Social Security Administration records, or (ii) the business has already been assigned an EIN. Keep a record of your application for an EIN. Be sure to print your SS-4 application after the EIN is assigned and keep a paper copy for your records. You can do this by clicking the "Print Form" button after receiving your EIN.
Applications for a federal EIN for LLCs must provide the following information in the online Form SS-4: (i) the LLCs exact legal name in box 1 ending with LLC without punctuation, (ii) the type of entity for tax purposes in box 8a (i.e., will the LLC be taxed as a partnership, sole proprietorship, or corporation), and (iii) type the words single or multi member LLC in box 8a on the line called Other, but do not check the Other radio button.
Third parties may also request EINs via the internet on behalf of a taxpayer. A third party who obtains an EIN for another party must retain a completed copy of the IRS Form SS-4 signed by the taxpayer and the signed statement authorizing the third party to file the online application.
If you prefer, you can fax a completed Form SS-4 to the appropriate service center (215-516-3990 for Arizona), and they will respond with a return fax in about one week. If you do not include a return fax number, it will take about two weeks. If you apply by mail, send your completed Form SS-4 at least four to five weeks before you need your EIN.
Note for Single Member LLCs: A single-member LLC that intends to be taxed as a sole proprietorship does not need an EIN and generally should not file IRS Form SS-4. Generally, the LLC should use the name and EIN of its owner for all federal tax purposes. However, the reporting and payment of employment taxes for employees of the LLC may be made using the name and EIN of either the owner or the LLC. If the LLC-applicant indicates in box 13 of IRS Form SS-4 that it has or expects to have employees the IRS will assign the single-member LLC its own EIN.
One of the major reasons to form a limited liability company is that the LLC may chose how it will be taxed for federal income tax purposes. Subject to certain limitations, an LLC may be classified for federal income tax purposes as: (i) a sole proprietorship, (ii) a partnership, (iii) a C corporation, or (iv) an S corporation. Whether an LLC can select a particular federal tax classification depends on the number and type of members.
A single member LLC may elect to be classified as a sole proprietorship, a C corporation or an S corporation. Multi-member LLCs may elect to be taxed as a partnership, C corporation or S corporation. The LLC, however, may not elect to be taxed as an S corporation unless it meets all requirements applicable to S corporations. If the LLC does not elect its classification by filing IRS Form 8832 (pdf), the IRS assigns a default classification of partnership (for multi-member LLCs) or sole proprietorship (for single member LLCs).
Even thought it is owned by two members, an LLC that is owned solely by a husband and wife as community property may be taxed as a sole proprietorship or as a partnership. The couple may elect either form of taxation. IRS Revenue Procedure 2002-69 states that the IRS will accept the married couples' choice to be taxed as a sole proprietorship or as a partnership.
In general, the difference between being taxed as a corporation and being taxed as a partnership is that partnerships are not taxpaying entities and corporations (other than S corporations) are. The profits, losses and other tax items of an LLC taxed as a partnership are passed to the members of the company prorata according to their ownership and included on the members' federal income tax returns. By electing to be taxed as a partnership for federal income purposes, a multi-member company can avoid the double tax that can occur with a corporation when the corporation has taxable income.
The LLC may elect to be taxed as a partnership or as a corporation for federal tax purposes by filing IRS Form 8832 (pdf), Entity Classification Election. For more information, see IRS Publication 542 (pdf), Corporations, and IRS Publication 541 (pdf), Partnerships.
Before electing how your Arizona LLC will be taxed, you should consult with your accountant because the election will have significant economic consequences. Facts and circumstances applicable to each new Arizona LLC will influence the taxation election that is best. An erroneous tax election can be very expensive.
Call 602-906-4953, ext. 1 NOW if you want an LLC to: (1) prevent creditors of your business or investment real estate from taking your personal assets, and (2) asset protect your personal assets from debts, liabilities and lawsuits.
If your Arizona LLC will engage in an activity that is taxable under the Arizona transaction privilege tax statutes, it must apply for a transaction privilege tax license for each business location before engaging in business. If the Arizona LLC will pay wages to employees, it must obtain an Arizona withholding number and an Arizona unemployment number. To obtain a transaction privilege tax license, an Arizona withholding number or an Arizona unemployment number, the Arizona LLC must complete and file an Arizona Joint Tax Application with the Arizona Department of Revenue. For licensing questions on transaction privilege or withholding call (602) 542-4576 or 1-800-634-6494 (from area codes 520 and 928). For questions on unemployment tax call (602) 248-9396 or email the Arizona Department of Economic Security.
When a company is owned by more than one member, LLC lawyers recommend that the members enter into an agreement called an "Operating Agreement." This is an agreement that governs how the members will deal with their LLC ownership interests and important company matters. Operating Agreements typically deal with the following types of issues:
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Requiring super majority approval or unanimous approval of members for major company decisions such as borrowing large amounts of money, entering into major contracts, amending the Articles of Organization, changing the capital structure of the company, hiring or firing people related to members and managers, setting compensation of key employees, and entering into contracts with related parties or companies affiliated with members or managers. | |
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Restrictions prohibiting members from selling, encumbering or transferring their interests in the LLC without first giving the company and other members a right of first refusal to acquire the membership interest. | |
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Rules governing rights of the company and members following a member's death, disability, divorce or incapacity. The agreement can obligate the company to purchase the interest of a deceased member or give the company and other members options to purchase the interest of a deceased member. | |
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The acquisition of life insurance to fund the purchase of the interest of a deceased member. | |
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Fixing the value of membership interests in certain situations such as the purchase by the company of the interest of a deceased member. | |
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Requiring minority members to sell their interests when the majority of the members want to sell the company | |
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Requiring members to cooperate if the company makes a public offering of securities. | |
| "Shot-gun" buy-out procedures that can be used to terminate the ownership of members when they cannot get along or work together. |
The best and easiest time to adopt an Operating Agreement is when the company is formed. I have seen too many sad member disputes that could have been avoided with a good Operating Agreement. An Operating Agreement is like insurance, i.e., if you never need it, you don't miss it, but if you need it and don't have it, you may suffer greatly.
Caution: If the members of an Arizona limited liability company do not adopt a written comprehensive Operating Agreement, their rights and obligations with respect to each other and the company will be as provided by the default provisions of Arizona law. Trusting Arizona law to govern your limited liability company can have substantial unintended and adverse consequences. For example, Arizona law provides that absent a written agreement to the contrary, all distributions of money and property from the company to the members must be made first in proportion to the amount of members' unreturned capital contributions and then equally to the members. See A.R.S. § 29-703.B.
Example of Unintended Consequences: John and Mary form an Arizona LLC. John contributes $10,000 to the capital of the company and Mary contributes nothing. They agree orally that the will split the profits and distributions 75% to John and 25% to Mary. If John and Mary do not document their agreement in writing, Arizona law provides that the members rights with respect to allocation of profits and distributions are as follows:
| John and Mary are each entitled to 50% of the profits. | |
| John gets all distributions of money and property from the company until he gets his $10,000 back. | |
| When John gets all of his money back, all future distributions of money and property must be split equally among the two members. | |
| Until John gets all of his money back, Mary will be allocated 50% of the profits for federal income tax purposes and be liable to pay taxes on any profits allocated to her each year, but not be entitled to any distributions of money from the company. |
For the reasons why I strongly urge multi-member Arizona limited liability companies to put their agreements in writing and adopt a comprehensive Operating Agreement, see my article entitled "Arizona Limited Liability Company Operating Agreement FAQ."
KEYTLaw prepares comprehensive Operating Agreements for Arizona limited liability companies for a fixed fee. Our Operating Agreement preparation service includes initial consultations to determine members' desires and answer questions, preparation of a 80+ page Operating Agreement and, after delivery of the agreement, up to two hours of additional services in connection with answering questions about the agreement and modifying it as requested by the members.
What you don't know about operating your Arizona LLC could cost you thousands of dollars or possibly risk a court "piercing the veil" and holding the members of the LLC liable for its debts. Arizona business attorney Richard Keyt's in depth, Arizona specific 100+ page Arizona LLC Quick Start Guide is the Holy Grail about operating Arizona LLCs. Merriam-Webster's dictionary defines "Holy Grail" as "an object that is sought after for its great significance," a term that aptly describes the AZ LLC Quick Start Guide.
This owner's manual for operating an Arizona LLC explains 75+ critical topics that affect Arizona LLCs. See the five page Table of Contents and you will be amazed that so many important topics are explained in one convenient source. Click here to purchase the Quick Start Guide now from our internet store for the incredibly low price of $99. Ignorance of Arizona LLC law and how to operate your Arizona LLC could be very costly.
If your company will have employees, it must: (i) calculate and withhold the proper federal and state income tax and FICA amounts from employees' wages, (ii) calculate and pay correct FICA and FUTA amounts to the federal government, (iii) calculate and pay state unemployment tax to the state government, (iv) calculate and pay before the due dates federal and state payroll tax deposits, and (v) prepare and file all federal and state payroll tax returns before the due dates, including, IRS forms W-2s and 1099s. As a person who once created and owned a small law firm that had many employees, I know that complying with payroll tax laws is a nightmare unless you have an experienced service do it for you. If you do not get payroll under control, it can be a very expensive disaster.
I recommend that Arizona companies with employees hire ADP for all payroll service needs. For a free price quote and answer to questions about any of ADP's services, call my friend Molly Dean, District Manager of ADP's Arizona Small Business Services at (480) 897-5817 or email her at Molly_Dean@adp.com. Be sure to tell Molly that Richard Keyt referred you.
The small cost per employee for a good payroll service is well worth it when you consider what the services include. I recommend that you hire ADP to do your payroll. With over fifty years of experience in payroll processing and business services, ADP is the largest payroll service in the United States. ADP pays one of every six employees in the USA every payday! From punch in to paycheck, ADP offers a complete solution that helps you remain compliant and alleviates much of the administrative burden that comes with payroll processing, tax filing and time and attendance tracking.
Take a look at what ADP’s complete payroll solution has to offer: - A solution that allows you to enter your payroll data via phone, fax or the internet virtually anytime, anywhere.
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Your payroll expertly calculated by the recognized industry leader. | |
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Professionally produced paychecks delivered and ready for payday. | |
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Easy-to-use reports that provide you a complete overview of your payroll processing. | |
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Tax Filing – ADP will calculate, file, deposit, and reconcile all your payroll taxes. It responds to inquiries from taxing agencies regarding the deposits and returns it files for your company. If ADP makes an error, it pays the resulting fines or penalties imposed by the taxing authorities, not you. | |
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Time and Labor Management – Utilize the internet to automate your time and attendance system and ensure your pay policies are applied fairly and consistently. Employees’ hours are transferred directly to payroll, saving you the time it takes to manually tabulate them. Plus math and keying errors can be eliminated, which significantly increases your payroll accuracy. | |
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New Hire Reporting – ADP cab automatically report all new hires to the proper agencies, helping to keep you in compliance with these regulations. | |
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State Unemployment Management – ADP completes and files all claims and appeals within the statutory time limits. It reviews your account to spot erroneous charges and unwarranted claims and managed all correspondence and inquiries from each state. | |
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Business Tax Service – You have the option to pay your business taxes electronically through a simple phone call to ADP. | |
| HR Help Services – Get quick answers via telephone or e-mail to your questions about hiring, interviewing and other employment issues. Plus unlimited web access to information on employment laws, compliance documents, HR forms, and best practice guidelines. |
ADP’s Payroll with Premium Tax & Labor Management solution will ease your administrative burden and help keep you in compliance with ever-changing tax laws and regulations.
ADP offers simple and economical yet comprehensive payroll services that save you time, provide reports to help you run your business better, and helps protect you from payroll tax penalties. ADP services include:
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Payroll processing, including deductions and withholdings for all relevant tax jurisdictions | |
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Tax Filing and Compliance | |
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Direct deposit, Check fraud protection, Check signing, stuffing and delivery by bonded courier | |
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Check Signing and Stuffing | |
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Overnight Delivery of your payroll | |
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General Ledger Interface from ADP Payroll into QuickBooks | |
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Electronic Payroll Reports and Data Export | |
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All year-end W-2 and 1099 reporting and document preparation | |
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Flexible payroll reporting options including phone, internet or fax | |
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Automated calculation, depositing, filing and reconciling of all payroll taxes!! | |
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Electronic time and attendance management, Human Resource Solutions, and Retirement Services | |
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Medical Benefits Available | |
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Workers’ Compensation | |
| New Hire Reporting, State Unemployment Insurance Management |
You can submit employee information to ADP by phone, by fax, or over the internet on ADP's secure website. The method you choose does not effect your cost.
The cost for ADP's economical services varies depending on number of employees, payroll frequency and the features you select. For a free price quote and answer to questions about any of ADP's services, call my friend Molly Dean, District Manager of ADP's Arizona Small Business Services at (480) 897-5817 or email her at Molly_Dean@adp.com. Be sure to tell Molly that Richard Keyt referred you.
In addition to the tasks set forth above, there are a lot of other business and legal issues to consider when forming a new company. We recommend that everybody who forms an Arizona limited liability company consult with an Arizona licensed attorney who has experience forming and advising new Arizona LLCs.
Purchase a Good Bookkeeping System for Real Estate Investment
If you are a real estate investor who does not have a bookkeeper on staff, you need tax attorney, accountant and real estate investor John Hyre's Real Estate Investor's KISS Guide to Bookkeeping course and QuickBooks plug in to customize QuickBooks specifically for investing in real estate, mobile homes, and promissory notes. Good bookkeeping is the most underrated way to hammer the IRS and save thousands on your tax bill. This course shows you exactly how to maintain your books using QuickBooks, year after year, EVERY year, including:
| How to keep your books and stop overpaying your tax preparer | |
| How to save thousands of dollars on professional fees | |
| How to do the books right and get the deductions you deserve | |
| How to break out certain assets and increase depreciation deductions | |
| How to get tax savings of up to $2,000 to $6,000 per year | |
| How to take the deductions and avoid IRS penalties | |
| How to keep your books so you can survive an IRS audit | |
| How to train your accountant (if you use one) to do it RIGHT |
The KISS Guide is written in plain English for the lay person, and it's very easy to understand, even for those of us who shy away from "numbers." The Real Estate Investor's KISS Guide to Bookkeeping includes a "plug in" diskette that works with QuickBooks 2003 through 2006 (sold separately).
No experience needed! If you hate accounting, this book is for you. The KISS Guide is designed for the real estate, mobile home, or note investor who has little or no accounting, tax, or QuickBooks knowledge. The KISS Guide teaches you one way to do things, over and over and over again. That keeps things simple and drives home the lesson for non-accountants.
Here's what some KISS Guide purchasers have said:
"This is by far the best hands-on, walk-you-through-it, step-by-step manual on the market today. I know it will be highlighted and dog-eared and sitting right by my computer. You've created the "bible" of bookkeeping for real estate investors. It's simple, easy to follow and very thorough. Anyone who's doing their own books needs this manual, period….This manual is a must-have for anyone serious about their real estate business. Get it now before John comes to his senses and raises the price." --Tim Randle, Austin Texas
The KISS Guide "plugs one of the biggest holes every new investor stumbles across - setting up your books, so your CPA can get you maximum deductions. Even if you do not want to keep your own books, or do not have the capacity to keep your own books, John helps you get it right by giving you a resource that will turn an 'average' bookkeeper into a real estate bookkeeper.” --Sherman Ragland, President, DC/Central Maryland Real Estate Investor's Group.
The Bottom Line: You can pay $299 now, or you can pay MUCH more later when:
| Your accountant quickly does the books at a high billing rate to squeeze out your return at the last minute; | |
| The IRS figures your taxable income for you (it'll be high!) and charges penalties and interest; | |
| You miss out on the deductions that are your LEGAL right; and | |
| You make the wrong decisions for your business due to incomplete information. |
It's your call...$299 now, or much more later!
Purchase The Real Estate Investor's KISS Guide to Bookkeeping now for $299 from the KEYTLaw website here:
Click here to purchase the KISS Guide from our web store.
You cannot afford to not buy the course. Buying the course entitles the original buyer to one year of free access to John Hyre's FAQ message board on his website. When you purchase The Real Estate Investor's KISS Guide to Bookkeeping you will receive instructions on how to access the John Hyre's FAQ board when you receive your course. You can then participate in providing feedback and asking tax accountant, tax attorney and real estate investor John Hyre questions about real estate investment bookkeeping.
The following list contains links to web sites that have additional information about and resources related to starting a new business in Arizona:
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Arizona Department of Revenue - tax forms and tax information | |
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Guide to Arizona Licensing Requirements - Arizona agencies that require licensing, certification or permits for business activities conducted in Arizona. | |
| Small Business Resource Guide CD - This IRS free CD contains tax information for small businesses including forms, instructions, and publications. The CD also provides valuable business information from a variety of government agencies, non-profit organizations, and educational institutions. It contains essential startup information needed by new small businesses. You may order it by calling (800) 829-3676. |
Call 602-906-4953, ext. 1 NOW if you want an LLC to: (1) prevent creditors of your business or investment real estate from taking your personal assets, and (2) asset protect your personal assets from debts, liabilities and lawsuits.
Arizona LLC attorney Richard Keyt (practicing business law in Arizona since 1980) offers a comprehensive Arizona limited liability company formation service for a low total cost of $599, which includes the $85 Arizona Corporation Commission expedited filing fee and the newspaper publication cost. We give every LLC we form our 30+ page Charging Order EnhancedTM Operating Agreement drafted to reduce the risk that a bankruptcy court will ignore the Arizona law that provides that a charging order is the sole remedy of a creditor of a member. We include special provisions in our Operating Agreement that are intended to prevent the Operating Agreement from being an executory contract (a bad thing if a member is in bankruptcy court), which is the problem that arose in an Arizona Bankruptcy Court case called In re Ehmann.
Richard Keyt's complete LLC formation services include all the following:
Give you a copy of Arizona LLC attorney Richard Keyt’s 100+ page LLC owner’s manual called the Arizona LLC Quick Start Guide. Rick wrote the QSG because he has formed over 1,500+ LLCs and people always ask the same questions about how to operate their new LLC. It is unlikely that you will have a question about operating your LLC that is not answered in the QSG. The QSG explains applicable Arizona LLC law. It covers 75+ critical topics that affect Arizona LLCs. See the Quick Start Guide's Table of Contents and you will be amazed that so many important topics are conveniently covered in one place. THIS MUST HAVE LLC OWNER’S MANUAL IS NOT AVAILABLE ANY WHERE EXCEPT FROM RICHARD KEYT.
Unlimited telephone calls with Arizona entity formation and business attorney Richard Keyt about forming and operating the Company.
Name selection advice.
Prepare custom drafted Charging Order EnhancedTM Articles of Organization and file it with the Arizona Corporation Commission (“ACC”) on an expedited basis. This is not the two page fill in the blanks form provided by the ACC. It is a document developed by Arizona LLC attorney Richard Keyt and that coordinates with his Charging Order EnhancedTM Operating Agreement.
Prepare the ACC Coversheet.
File the Articles of Organization with the ACC on an expedited basis and pay the $85 expedited filing fee.
Give you the Articles with the ACC’s “received” stamp.
Give you the ACC’s letter approving the Articles.
Give you the Articles stamped with the ACC’s “approved” stamp.
Prepare a Notice for Publication.
Publish the Notice for Publication in a newspaper in the appropriate county before the deadline.
Obtain an Affidavit of Publication
File the Affidavit of Publication with the ACC before the deadline.
Give you Richard Keyt's 30+ page Charging Order EnhancedTM Operating Agreement custom drafted for your LLC.
Act as the LLC’s statutory agent for its first year at no additional charge.
Prepare organizational resolutions to be signed by the members in which the members elect one or more managers, approve the issuance of membership interests to the members and adopt other resolutions related to forming the new LLC.
Prepare Membership Certificates for all members. The membership certificate is similar to a stock certificate. It is numbered and signed by a manager and evidences that an interest in the company was issued to the member named thereon
Give you a professional high-quality three ring binder with seven tabs called the "AZ LLC Portfolio" that contains all of the LLC's formation documents listed above. Your Portfolio will contain approximately 150 pages of documents and information that we custom prepare for your LLC. You should keep all important LLC documents in the Portfolio. On the same day we file the Articles of Organization with the ACC or the next business day, we will mail your LLC Portfolio to a manager of the LLC.
Richard Keyt provides all of the above-referenced services, including a copy of the Arizona LLC Quick Start Guide for a fixed amount of $599. See Rick Keyt's resume and areas of practice.
If you value your time, want to protect your personal assets from creditors and would like an Arizona business attorney who has formed Arizona entities since 1980 to form your new limited liability company for a total of $599 ($549 for AZREIA members), including all fees and costs, do one of the following (call Rick Keyt - option number 1 or save time complete & print our engagement letter - option number 2):
Contact Richard Keyt by phone at 602-906-4953 ext. 101 or by email at rickkeyt@keytlaw.com. A short ten minute phone call is the first step to forming your new Arizona limited liability company. Richard Keyt will then email or mail to you an engagement letter.
Click to open the KEYTLaw LLC Questionnaire
KEYTLaw policy requires that new clients first sign an engagement letter and pay a security deposit to the firm in the amount of the estimated legal fees plus costs before the firm will provide any legal services.
What you don't know about operating your Arizona LLC could cost you thousands of dollars or possibly risk a court "piercing the veil" and holding the members of the LLC liable for its debts. Arizona business attorney Richard Keyt's in depth, Arizona specific 100+ page Arizona LLC Quick Start Guide is the Holy Grail about operating Arizona LLCs. Merriam-Webster's dictionary defines "Holy Grail" as "an object that is sought after for its great significance," a term that aptly describes the AZ LLC Quick Start Guide.
This owner's manual for operating an Arizona LLC explains 75+ critical topics that affect Arizona LLCs. See the five page Table of Contents and you will be amazed that so many important topics are explained in one convenient source. Click here to purchase the Quick Start Guide now from our internet store for the incredibly low price of $99. Ignorance of Arizona LLC law and how to operate your Arizona LLC could be very costly.
Call 602-906-4953, ext. 1 NOW if you want an LLC to: (1) prevent creditors of your business or investment real estate from taking your personal assets, and (2) asset protect your personal assets from debts, liabilities and lawsuits.

Although it is relatively easy and inexpensive to form an Arizona LLC and the information in this article tells you how to do it, I recommend that you consult an Arizona business attorney when forming an Arizona LLC because there are many issues that may require legal advice and action. For example, when offering to issue and issuing membership interests and securities, all LLCs must comply with federal and applicable state securities laws. It may be advisable to file trademark applications with the U.S. Patent & Trademark office to protect your trademarks and/or service marks. Forming the new Arizona LLC is just the "tip of the iceberg" with respect to operating a business in the LLC form.
Arizona Limited Liability Company Operating Agreement FAQ or Why Most Multi-Member Arizona Limited Liability Companies Need a Comprehensive Operating Agreement
Types of Entities for New Arizona Companies
How to Incorporate in Arizona (for profit corporations)
How to Form an Arizona Nonprofit Corporation
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Title-Insurance Endorsements for LLC Transactions, by John C. Murray - First American Title | |
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Restrictions on the Use of an LLC as an Asset-Protection Vehicle, by John C. Murray - First American Title | |
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Piercing the Corporate Veil of an LLC, by John C. Murray - First American Title | |
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Change of Entity: Mergers & Conversions, by John C. Murray - First American Title | |
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Legal & Title-Insurance Issues in LLC - Real Estate Transactions, by John C. Murray - First American Title | |
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Assignment of an LLC Member's Rights to Profits, Losses, and Distributions: A Violation of the Due-on-Sale Clause?, by John C. Murray - First American Title | |
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The Delaware Series LLC, by John C. Murray - First American Title | |
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Limited Liability Companies: Bankruptcy Issues, by John C. Murray - First American Title |
This article entitled "How to Form an Arizona Limited Liability Company" about forming a limited liability company Arizona was first published on December 30, 2001. It is also about the following subjects: llc Arizona, llc in Arizona, form an llc in Arizona, limited liability company Arizona, form a limited liability company in Arizona, and limited liability company in Arizona.
Richard Keyt, J.D., LL.M. (income taxation New York University Law School) is a business, real estate, transactions, contracts and estate planning attorney licensed to practice law in Arizona. He has formed over 1,500+ Arizona limited liability companies in the last few years because his low cost high quality LLC package is second to none and it only costs $599 for everything. Rick has practiced law in Arizona since 1980. Rick can be reached by telephone at 602-906-4953, ext. 101. Email at rickkeyt@keytlaw.com and fax at 602-297-6890. Rick's web site located at www.keytlaw.com had over 1,000,000 visitors in 2006 and 2007. Rick does not accept matters involving landlord / tenant disputes or litigation of any kind (other than tax lien foreclosures). Communicating with Richard Keyt via email or otherwise does not cause you to become a client or cause your communications to be confidential or subject to the attorney client privilege.
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Compare Richard Keyt's complete LLC package for $599 with what you get and what you will pay else where.
Call 602-906-4953, ext. 1 NOW if you want an LLC to: (1) prevent creditors of your business or investment real estate from taking your personal assets, and (2) asset protect your personal assets from debts, liabilities and lawsuits.
What you don't know about operating your Arizona LLC could cost you thousands of dollars or possibly risk a court "piercing the veil" and holding the members of the LLC liable for its debts. Arizona business attorney Richard Keyt's in depth, Arizona specific 100+ page Arizona LLC Quick Start Guide is the Holy Grail about operating Arizona LLCs. Merriam-Webster's dictionary defines "Holy Grail" as "an object that is sought after for its great significance," a term that aptly describes the AZ LLC Quick Start Guide.
This owner's manual for operating an Arizona LLC explains 75+ critical topics that affect Arizona LLCs. See the five page Table of Contents and you will be amazed that so many important topics are explained in one convenient source. Click here to purchase the Quick Start Guide now from our internet store for the incredibly low price of $99. Ignorance of Arizona LLC law and how to operate your Arizona LLC could be very costly.
Purchase The Real Estate Investor's KISS Guide to Bookkeeping (see Section 16 below for more about this QuickBooks add on) now for $299 from the KEYTLaw website here:
Click here to purchase the KISS Guide from our web store.
This page was last modified on April 10, 2008.
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