Last updated December 8, 2021
Filing Taxes for Your LLC
Summary: We don’t recommend doing your taxes yourself. We recommend hiring an accountant.
Depending on your type of business, you will need to register your LLC with the state’s finance department.
You will also need to file annual state income taxes as well as other tax documents depending on the structure of your business and whether or not you have employees.
Calculating your tax obligations can be complicated and if done improperly can negatively impact your LLC.
Hire a Professional
We recommend that you get help from a tax professional once your LLC is formed.
Hiring a tax professional will not only help you keep your LLC in compliance with the state, but it will also give you an advisor to go to for other business questions.
Whether your business turns a profit or loses money, you will still need to file tax documents every year.
This is not something to be taken lightly. If you want to run a serious business and not get into trouble with the state, you should get assistance in filing your taxes properly.
How to Find a Good CPA/Accountant
A referral from a friend or someone else you trust is usually the best way to find someone to do your taxes.
You can also ask co-workers, acquaintances from local clubs or organizations, your neighbors, and other business people.
You could also ask your Twitter, Facebook, LinkedIn or other social media friends and maybe find a trusted name from a friend of a friend.
You would just type into your social media account, “Hey, I just formed an LLC. Anyone know a good accountant?”
If you can’t get a personal referral, then check out our How to Find an Accountant guide, use Thumbtack, or do a search on Yelp for “accountant” or “certified public accountant” and look for someone with a strong track record and good customer reviews.
Look for Compatibility
You should also want someone who’s a good fit for your company, makes you feel comfortable, and is willing to answer all of your questions.
It should be someone you like personally as well as professionally.
It’s okay to take your time to find the right person.
We recommend talking with at least 2-3 people before making your final decision.
You’re now ready to start forming your LLC. Select your state below: