How should Series LLCs report under the Corporate Transparency Act?

Protected Series (pre-June 1, 2022)
• Each series was only created by a resolution and probably by filing a DBA with the Secretary of State. As a result, the each series seems to be just a different name for the original entity that was filed with the Secretary of State.
• So I would default to using a single filing for this type of series, adding each series as a DBA for that entity.
• But if the individual series had their own EIN/TIN then I would consider making individual filings for those series.

Registered Series (after June 1, 2022)
• Each series is created by filing a yet-to-be-released form with the Secretary of State.
• Because these are individual filings, I would instead treat these as separate entities that are reported separately.
• I would probably also get a separate own EIN/TIN then I would consider making individual filings for those series


Subscribe for more insights and tips!

---------
Strohmeyer Law is a law firm based in Houston, Texas, specializing in tax law, estate planning, and probate law.

Nothing in this video is specific legal advice for you. Watching or commenting on this video doesn't create an attorney-client relationship.

🔗 For more information, visit: https://www.strohmeyerlaw.com