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Common LLC Mistakes

Read the article written by an LLC attorney who formed 5,600+ LLCs to learn how to avoid LLC mistakes arising from:

  • Income & expenses nightmare
  • No AZ specific Operating Agreement
  • Ignorance of the 4 LLC federal income tax methods
  • Ignorance of AZ LLC law recordkeeping requirements
  • Not providing for transfer of LLC on death
  • Ignorance of separate property / community property law
  • Multimember LLC w/o a member exit strategy
  • 6 other common LLC mistakes

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