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There's no cost to file your BOI report, and you can find the form on FinCEN’s filing Web site. In accordance with FinCEN, you may facial area civil and prison penalties if you fail to fill out this form for your LLC.
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An operating agreement essentially lays out the ground rules for the way you want to operate your LLC. It incorporates anything from how the small business will operate day-to-day to the amount of cash Each and every member will contribute.
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