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I am planning to hire a person to manage my Manager Managed LLC

 
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info2basha

posts: 6

Jul 16, 2008 6:35 AM ET    Quote  Report Abuse
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Hi,
 
I am planning to Hire a person to manage my Manager-Managed-LLC. He will be the only person to manage my LLC. So can i hire the person as an Independent Contractor or do I need to hire him as an Employee.
 
If some body provide me the solution for this questions it would be helpful.
 
Regards,
Kareem
 
SiteFlipAcademy

posts: 102

Jul 17, 2008 5:26 AM ET    Quote  Report Abuse
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Hello Kareem and welcome to SuN!

We are glad to have you here in the forum. Hope you`ll find someone who will fit in your given position. Wishing you good luck in your ventures.



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info2basha

posts: 6

Jul 18, 2008 2:56 AM ET    Quote  Report Abuse
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Hi,
 
Thanks for your reply.
So can i hire the Manager as an Independent Contractor ?
He will be the only person in my LLC who is going to manage my LLC.
 
I appreciate your help.
 
Thanks.
 
Regards,
Kareem
KevDev

posts: 96

Jul 18, 2008 1:32 PM ET    Quote  Report Abuse
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Kareem:

I`m not sure I understand exactly what you mean - the term "manager" has a specific meaning in regard to LLCs, similar to "member" but usually with more responsibilities.

However, I think what you mean is, can you hire an independent contractor to oversee the day to day affairs of your business. Am I right? If so, I see no reason why not.

However, one of the typical duties of such a person is to tell the other workers what to do. This might be a lot more difficult if the workers know that person is not also an employee.

Good luck!



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info2basha

posts: 6

Jul 18, 2008 7:41 PM ET    Quote  Report Abuse
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Hi KevDev,

Thanks for the information.

I am on workpermit in US and I have registered my LLC company. I am the only owner of my company. As I am on workpermit I can not work for my LLC, so I need to hire a person who will be taking care of the day to day activities of my LLC.

As my LLC is just going to start, I am planning to hire a Manager to take care of day to day activities. Initially I am planning to hire the Manager as a Contractor, because there will be lot of expences for the company if I hire the Manager as an Employee.

As per your information I guess I can hire the Manager as an Independent Contractor.

Could you please advise.

Thanks for your help.

Regards,

Kareem

PRINCIPE

posts: 19

Jul 19, 2008 4:10 PM ET    Quote  Report Abuse
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Hi info, I`m a little confuse with your question but let me see if I can Help you.
 
If you have a in the USA, I don`t see any impediment that don`t allow you to your own LLC.  all money you will get for services performer for you in behalf of your own LLC will not treated as salary, instead for taxes purpose will treated as self-employee earnings and all payments from your LLC to you will reported at the end of the year in a form call schedule K-l  and this form will be used for make your own taxes.
 
but if you want to hire somebody as independet contractor I suggest you to check the web of the IRS and see the tab about self-employment and indepedent contractor because this site can give you a better understanding who you can hire as indepdent contractor and here is a extract of what the IRS say about this issue.
 
People such as lawyers, contractors, subcontractors and auctioneers who follow an
independent trade, business, or profession in which they offer their services to the public, are generally not employees. However, whether such people are employees or independent contractors depends on the facts in each case.
The general rule is that an individual is an independent contractor if you, the person for whom the services are performed, have the right to control or direct only the result of the work and not the means and methods of accomplishing the result.

here is the link.
 
also  check your state regulations about hiring employees or subcontractors, if you have any question feel free to write me.
info2basha

posts: 6

Aug 04, 2008 10:25 PM ET    Quote  Report Abuse
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Hi Principe,

Thanks for the valuable information.

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