Tagged Questions

0
votes
1answer
38 views

LLC Require EIN?

I have an LLC that will be a passthru entity (sole owner). Is such an entity required to have an EIN to do business? If not, how would you get banking accounts, LoC, etc without an EIN to legally ...
1
vote
1answer
59 views

TIN to use on W9 when Single Member LLC/Disregarded entity

I own a state-classified LLC company and also have an EIN for the business, which was filed on an SS-4 form (Rev. December 2001) as a Type "Other" and noted "disregarded entity". On the SS-4 form the ...
1
vote
1answer
58 views

Most Appropriate Business Type for Selling a Virtual Product?

I run a business where sells certain ebooks and pdfs online. I want to form an official business entity just to be able to operate under that name, protect myself from liability as well as get any ...
1
vote
1answer
78 views

Startup capital and taxes

I'm finishing up a successful KickStarter campaign. The approximately $8000 is going to be used as capital for my software startup. I'm currently structured as a sole proprietorship, so the $8000 is ...
1
vote
2answers
160 views

When should I move from Sole Proprietorship to LLC?

As of right now, expenses are close to zero, and income is equal to zero. Risk of law suits is also very low. At what point should I move over to LLC? When the expenses, income or risk of litigation ...
1
vote
2answers
234 views

Freelancing Websites - Do I have to form an LLC (Massachusetts)?

Would I have to form an LLC to do freelance logo design and web design and development through sites like Guru and Elance? This business doesn't sound very risky so could I get away with forming a ...
12
votes
5answers
566 views

Sole Proprietorship vs LLC

From what I read there are two basic types of business recommended for a single person business (in the US): Sole Proprietorship LLC My wife is looking to start a business for blogging/selling ...
0
votes
1answer
364 views

LLC or Business Trust w/DBA?

I have been working starting a small single person (me) business and I wanted to know what would be the best entity it should be organized as ... File a DBA with the registrant is a business trust? ...