U.S. accountant for LLC

Top 5 Compliance Essentials for Your LLCAs a U.S. business owner or LLC founder, staying on top of compliance is key. Here are five critical items to ensure your LLC remains in good standing:

Top 5 Compliance Essentials for Your LLCAs a U.S. business owner or LLC founder, staying on top of compliance is key. Here are five critical items to ensure your LLC remains in good standing:

Separate Business Finances

Always maintain distinct business bank accounts and credit cards, separate from your personal finances.

Federal Tax Classification

Understand your LLC's default federal tax classification (disregarded entity for single-member, partnership for multi-member) and consider if an S-corp election is beneficial.3. Estimated Tax Payments: If your income isn't subject to withholding, plan to make quarterly estimated tax payments using Form 1040-ES to avoid penalties.4. State Annual Reports & Taxes: Be aware of your state's specific annual report filing requirements, due dates, and any franchise or annual taxes (e.g., California's $800 annual tax, Texas franchise tax, Florida's annual report).

Compliance Calendar

Establish a comprehensive compliance calendar for all federal, state, and local filings, including annual/biennial reports, sales tax, payroll deposits, and estimated taxes.For a deeper dive into these topics, including detailed bookkeeping best practices, accounting software recommendations, and guidance on when to hire a CPA, read our full blog post: [Link to Blog Post: U.S. accountant for LLC]