Wyoming LLC vs Illinois LLC: A Complete Comparison

A comparison of Wyoming LLC and Illinois LLC through a Wyoming chili cook and an Illinois pizza chef.

Choosing where to form your LLC is an important decision you will make for your business. Two states that often come up in discussions are Wyoming and Illinois. Both allow you to protect your personal assets and operate legally, but beyond that, the differences could not be more dramatic.   In this guide, we will … Read more

How to Pay Yourself from a Wyoming LLC (All Options and Strategies)

A Wyoming business man paying the mirror image of himself with a check.

Setting up a Wyoming LLC is smart for many business owners, especially when you want maximum privacy, flexibility, and minimal tax obligations. But once your business is running, the next big question hits: How do you pay yourself from your Wyoming LLC? Whether you are an entrepreneur, part of a partnership, or running a multi-member … Read more