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Track

Business / LLC

Educational steps for the LLC beside the flying career — consulting, instruction, rentals, or another US business, including with a Brazilian or other foreign owner.

  1. 01

    Separate personal and business

    Bank account and card only for the LLC. No personal spend on the business account.

  2. 02

    Simple chart of accounts

    In QuickBooks Online or Digits: revenue, cost, operating expenses, owners.

  3. 03

    Monthly cadence

    By the 10th, send prior-month statements, receipts, invoices issued, and new contracts.

  4. 04

    Quarterly estimates

    LLC profit often creates owner estimated tax. Review with the firm each quarter.

  5. 05

    Brazilian / foreign owner

    An LLC with a foreign owner has its own information filings (e.g. Form 5472). The firm confirms what applies.

  6. 06

    Sales tax

    Only if you sell taxable products or services in a state. Ask before you start selling.

LLC checklist and business deadlines