Meetings for LLCs

Aside from the annual meeting, there is no required minimum (or maximum) number of meetings that you can hold. Some people hold formal meetings once per month and have the company pay for any expenses – meals etc. Your accountant can show you how to expense / deduct these costs from taxable income.

The most important consideration is maintaining a record of business related decisions to be able to demonstrate that you are operating a “real” business to be able to justify tax deductions and to allow state law to provide legal protections.