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🚗 Want to transfer your personal car into your LLC? Here’s the complete step-by-step guide 👇 STEP 1 ✅ Register your LLC File with your Secretary of State so your business is legally recognized. STEP 2 ✅ Get an EIN This is your LLC’s “social security number” for tax insurance purposes. STEP 3 ✅ Contact your lender (if financed) Ask about the process to transfer ownership. They may update loan docs or lienholder info. STEP 4 ✅ Prepare a Bill of Sale Yes, even if you own both — this documents the
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As an LLC member, there are a few ways to pay yourself. Our favorite happens when you elect to be treated as an S-Corp (still an LLC) and pay yourself a direct payroll deposit deductible as a business expense, and set up a bank transfer from your business LLC account to your personal bank account. The best of both worlds. 👔: @alexanderscustomclothiers The Entrepreneurial Accountants® #commonwealth #entrepreneur #business #taxes #accounting #accountant #llc #payroll #success #family #suit #money
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