My team currently has 9 people in it and we design and build web applications. As the team manager(lead) my current duties include prioritizing projects, maintaining level of effort hours for projects deadlines and client relations. I have also done budget management and workload balancing and scheduling.
1 The LLC may apply for recognition of exemption under Internal Revenue Code 501(c)(3) by filing Form 1023. 2  See IRS Website. 3  The LLC may be a disregarded entity for federal income tax purposes and take on the tax characteristics of its sole member, a 501(c)(3) organization.
LLC Not Electing to be a Corporation. The IRS says, An SMLLC that does not elect to be a corporation will be classified by the existing federal guidance as a disregarded entity which is taxed as a sole proprietor for income tax purposes.. An LLC can file an election to be taxed as a corporation.