Open Your Texas LLC: Complete Walkthrough Checklist
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 Published On Mar 5, 2024

Starting an LLC in Texas can feel overwhelming until you watch this video series.
FREE Checklist to Start Your LLC ✅ https://buyersguides.co/llc-checklist ✅

Our top rated LLC formation service is Bizee (ad) ➡️ https://buyersguides.co/bizee

#LLC #texas

Table of Contents:

00:00 - Introduction to Starting an LLC in Texas
00:22 - Understanding the Importance of LLC Services
00:34 - How to Set Up Your LLC Correctly to Avoid Legal Issues
01:00 - The Importance of Business Licenses and Permits
01:11 - What an LLC Does for Your Business: A Detailed Explanation
01:22 - The Benefits of an LLC
01:33 - Understanding Personal and Business Assets in an LLC
02:16 - The Importance of the Corporate Veil in an LLC
02:33 - 'Piercing the Corporate Veil' and Its Consequences
03:29 - Business Bank Account and Pass-through Taxation
04:10 - How Pass-through Taxation Reduces Paperwork at Tax Time
04:27 - How to Apply an S-Corp Designation to Your LLC to Save on Taxes
05:08 - Getting Started with Your LLC Checklist
05:30 - Using the AI Chat Bot for Assistance Throughout the Process
06:00 - Understanding the Yearly Accounting Calendar for Your LLC
06:19 - Checklist for Starting Your LLC
06:43 - Choosing the Right Path for Setting Up Your LLC
07:06 - Deciding on a Name for Your LLC
07:49 - Availability of Your Business Name in Texas State Directory
08:13 - Understanding the Importance of Privacy for Your Business Information
08:43 - Registering Your Unique LLC Name in Texas
09:00 - Understanding the Basics of Setting Up Your LLC
09:42 - Discussing the Filing Fee for Your LLC
10:01 - Special Considerations for Veterans When Setting Up an LLC
10:28 - Avoiding Common Pitfalls When Using Affiliate Links
10:50 - How to Enter Your Business Name Correctly
11:04 - The Importance of a Registered Agent for Your LLC
11:28 - Understanding the Privacy Implications of Your Registered Agent Choice
12:02 - How to Choose a Professional Registered Agent Service
12:32 - Understanding the Roles of Managers and Members in an LLC
13:03 - How to Make Your LLC Effective as Soon as Possible
13:44 - What Happens After Your LLC Formation Process?
14:22 - Creating and Signing an LLC Operating Agreement
15:04 - Setting Up an EIN for Your Business
15:58 - Business Licenses and Permits
17:51 - The Formation Process and Looking into Options
18:01 - Fees Associated with Setting Up Your LLC
18:12 - BizBuddy Cost Calculator for a 5-Year Ownership Cost Overview
18:31 - Comparing Costs Between Different LLC Services Online
18:48 - Understanding the Franchise Tax in Texas and Its Implications
19:13 - The Importance of Paying Taxes for Business Operation
19:31 - Registered Agent Service For Your Business
19:48 - Exploring Extra Services and One-Time Filing Fees
20:07 - How You Can Benefit Local Charities
20:34 - Star Rating System for Different LLC Setup Options
21:09 - State Websites vs Online LLC Services
21:39 - Business Attorney for Your LLC Setup
22:03 - Domestic and Foreign LLCs: Their Implications
22:46 - The Convenience of Using an Online Legal Tool for Multiple State Operations
23:10 - Deciding Where to Set Up Your Domestic LLC
23:16 - Questions About Your Business Needs
23:45 - Managing Multiple LLCs in Different States
24:13 - Attention to Detail When Setting Up an LLC
24:36 - Why You Might Need an Attorney or CPA for Out-of-State Operations
25:06 - Considering an Attorney for Rental Property LLCs
25:37 - Understanding Self-Employment Taxes and the Benefits of an S-Corp
26:44 - Why You Should Consult an Attorney When Starting an LLC with a Partner
27:07 - The Importance of a Well-Thought-Out LLC Operating Agreement
27:25 - How to Get a Free Consultation from a CPA in Your Area
27:37 - Pros and Cons of Online Legal Tools for Business Formation
27:54 - Why Bizee is My Top Recommendation for LLC Formation
28:23 - Recap: How to Maintain Your LLC and Key Checklist Items
28:40 - Difference Between a Regular LLC and a Professional LLC
29:04 - The Importance of Setting Up Your Registered Agent and Keeping it Up-to-Date
29:22 - Why Bizee's Gold Package Might Be the Best Option for You
30:05 - The Importance of Timely Alerts for Maintaining Your LLC
30:40 - The Value of Speed Over Perfection When Starting a Business
31:07 - Bonus Section: Utilizing AI Chatbots for Business Questions
31:37 - Understanding Quarterly Estimated Taxes for Your Business
32:15 - Key Tax Filing Deadlines for W2s and 1099s
32:48 - Making Smart Tax Moves at the End of the Year to Benefit Your Business
33:22 - The Benefits of Setting Up a Solo 401k as a Single Member LLC Owner
33:57 - Renew Your LLC in Texas
34:10 - How to Get Free CPA Advice
35:01 - How to Find the Right CPA for Your Business Needs
35:27 - Future Tax Savings with an S Corp Designation
36:04 - A Look Inside Bizee’s Dashboard and Services

Disclaimer- I am not an attorney or a CPA. This is meant as educational information. If you need legal advice please consult with your attorney and CPA on the best fit for your needs.

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