My team currently has 9 people in it and we design and build web applications. As the team manager(lead) my current duties include prioritizing projects, maintaining level of effort hours for projects deadlines and client relations. I have also done budget management and workload balancing and scheduling.
1 The LLC may apply for recognition of exemption under Internal Revenue Code 501(c)(3) by filing Form 1023. 2  See IRS Website. 3  The LLC may be a disregarded entity for federal income tax purposes and take on the tax characteristics of its sole member, a 501(c)(3) organization.
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.