provided with a gable or gables: a gabled house. built with a gable or gables.
1 Annual fees to maintain an LLC range from $20-$200 and up, depending on the state. 2  Some states charge an annual franchise tax which varies from $100 in Delaware to an $800 annual minimum in California, and can be higher depending on the volume of business. A certified public accountant (CPA) cannot provide legal advice, but can guide you through the paperwork and decision-making process of setting up an LLC for an average cost of $400-$900 or more, depending on location and complexity. 2  That's in addition to state fees and expenses.
Limited Liability Company (LLC) Only member of LLC is an individual - LLC income and expenses are reported on Form 1040, Schedule C, E, or F. If you prefer to file as a corporation, Form 8832 must be submitted. Only member of the LLC is a corporation, income and expenses are reported on the corporationâs return, usually Form 1120 or Form 1120S.