How to Start an LLC in Illinois (in 2020)

★★★ 3 Methods to Start an LLC in Illinois and what to avoid!
Incfile LLC formations (paid link) ➡️ https://buyersguides.co/llc-incfile

(see "Learning Center" for all mentioned resources on incfile and thank you for using my affiliate link above because it helps support my channel so I can create more helpful educational content. It's still free to you but I may make a commission. It's hard to express sincerity through a YouTube description, but I sincerely appreciate your support.)

Business Credit Cards (affiliate) 👉 https://buyersguides.co/cardratings

The link above is helpful tool if you're looking for various credit card offers for your business. It will help you sort by various factors to create a clean list of credit card offers for your business.

Other Resources Mentioned:
IRS LLC FAQs ➡️ https://www.irs.gov/businesses/small-businesses-self-employed/limited-liability-company-llc

IllinoisLLC Filing State Website ➡️ https://www.ilsos.gov/llcarticles/placeOfBusiness.do
https://dat.maryland.gov/SDAT%20Forms/artorgan.pdf

Illinois LLC Attorneys ➡️
https://www.avvo.com/limited-liability-company-llc--lawyer/md.html?utf8=%E2%9C%93&free_consultation=true&avvo_rating_range=9&sort=relevancy

Table of Contents:
0:00 Intro to Illinois LLC
0:45 Illinois LLC State Website
0:50 Illinois LLC Filing Fees
1:30 Filing via Illinois Website
2:25 Registered Agents in Illinois
3:00 Explaining what an LLC does
4:36 Using online tools for your LLC
5:03 Using incfile to register your LLC
6:30 Setting up your EIN
6:56 Business Bank Account so you don't commingle funds
7:50 Setting up LLC with incfile steps
8:09 Finding an LLC Attorney in Illinois
9:15 Save on taxes with an S-Corp

#LLC #Illinois

Disclaimer- I am not an attorney or a CPA, just a small business owner who has researched this information thoroughly while setting up my own LLC (S-Corp now). This is meant as educational information but now legal advice in any way. If you need legal advice please consult with your attorney and CPA on the best fit for your needs.

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