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.
- 01
Separate personal and business
Bank account and card only for the LLC. No personal spend on the business account.
- 02
Simple chart of accounts
In QuickBooks Online or Digits: revenue, cost, operating expenses, owners.
- 03
Monthly cadence
By the 10th, send prior-month statements, receipts, invoices issued, and new contracts.
- 04
Quarterly estimates
LLC profit often creates owner estimated tax. Review with the firm each quarter.
- 05
Brazilian / foreign owner
An LLC with a foreign owner has its own information filings (e.g. Form 5472). The firm confirms what applies.
- 06
Sales tax
Only if you sell taxable products or services in a state. Ask before you start selling.
LLC checklist and business deadlines