The IRS’ online EIN wizard that issues employer identification numbers after a 5 – 10 minute data entry session will be down for maintenance. This service will be unavailable from approximately 5 p.m. Eastern time on Wednesday, December 23, 2020, until approximately 7 a.m. Eastern time on Monday, January 4, 2021, due to planned maintenance.
KEYTLaw
Website:
https://www.keytlaw.com/
Bad Consequences of the Death of a Member of an LLC
By Richard Keyt
If a member of an Arizona LLC dies and the member did not take action to protect the member’s loved ones bad things will happen. The failure to plan creates the following problems:
1. The membership interest of the deceased member may not be inherited by the person or people the deceased member would want…
IRS Employer ID Number (EIN) Warning for New LLCs
By Richard Keyt
The Internal Revenue Service has an online wizard that allows people to apply for and receive an employer identification number (EIN) for a company in a 5 – 10 minute data entry session. Companies need an EIN to open a bank account and file federal tax returns. See our EIN online wizard video that shows…
Why Your Name in Your LLC’s Articles of Organization Should Be the Name on Your Driver’s License or Passport
By Richard Keyt
Section 326 of the USA PATRIOT Act is a statute that is intended to prevent the funding of terrorism and money laundering. This federal law requires financial institutions such as banks and credit unions to verify and record the identity of every person who opens an account. To open a bank account you must be…
September 1, 2020, All Arizona LLCs are Governed by Arizona’s New LLC Law that Took Effect September 1, 2019
By Richard Keyt
A year ago Arizona’s new LLC law became effective as to all LLC and PLLCs formed in Arizona after August 31, 2019. Today Arizona’s new LLC law applies to all Arizona LLCs and PLLCs formed before September 1, 2019. Bottom line is ALL Arizona LLCs and PLLCs regardless of when they were formed need an…
We Formed 65 LLCs in July 2020, a Firm Monthly Record
By Richard Keyt
July of 2020 was a record-setting month for our LLC formations. We formed 65 new Arizona LLCs and PLLCs that month. Thanks to all of our new clients. People love our low priced LLC formation services, which is why we have 212 five star reviews on Google, Facebook and Birdeye. See the contents and prices…
Remembering Our Fallen Heroes on Memorial Day
By Richard Keyt
Memorial Day originated in the nineteenth century as a day to remember the U.S. soldiers who gave their lives in the American Civil War by decorating their graves with flowers. It is the day Americans remember the military men and women who died while serving our country. It is a day when people decorate the…
Arizona Corporation Commission Adds 2 Hour & Same Day / Next Day Services
By Richard Keyt
On April 22, 2020, the Arizona Corporation Commission announced that it added 2 hour and “Same Day / Next Day Services.” These filing fees are $400, $200 and $100, respectively. Nevertheless I am still able to file LLC Articles of Organization and get them approved by the ACC on the same day for the $85…
Same Day Filing & Approval by the Arizona Corporation Commission for Our LLCs
By Richard Keyt
As of April 1, 2020, we changed our Arizona LLC formation service to include same day filing and approval of the LLC’s Articles of Organization by the Arizona Corporation Commission. We provide this unique service for NO ADDITIONAL FEE. This mean all LLCs we form can begin doing business, open a bank account and receive…
Arizona Corporation Commission No Longer Allows Walk-ins
By Richard Keyt
There are two things I want you to take away from this blog post:
1. Effective March 24, 2020, the Arizona Corporation Commission closed its offices to the public. This means it is not possible to go the the ACC’s office and hand file a document or make a request.
2. We can electronically file…