The LLC can deduct lawyer expenses for setting up the LLC as organizational costs.
Yes, the LLC should issue the lawyer a form 1099-MISC if the amount paid is more than $600.
Start-up costs include any amounts paid or incurred in
connection with creating an active trade or business or investigating the
creation or acquisition of an active trade or business. Organizational
costs include the costs of creating a corporation.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
