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.
You can choose to have the LLC taxed as S corp, C corp, partnership, or sole proprietor (disregarded entity) â whatever you want. In order to tell the IRS how you want your LLC taxed, you will get a tax ID number (SS4 Form). If you want your LLC tax filing to be as a corporation you will file a form 8832. After you have filled the 8832, if you want your LLC taxed as S corp, you will file a 2553.