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Archive 2022 · Sole proprietor vs LLC

  
 
johnld
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p.1 #1 · p.1 #1 · Sole proprietor vs LLC


I'm aware of the differences regarding liability, but was curious what others are doing and why?


May 02, 2022 at 11:42 AM
LeeSimms
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p.1 #2 · p.1 #2 · Sole proprietor vs LLC


Was a C-corp until 2012, then switched to LLC. Tax laws change and LLC seemed to be the thing to do 10 years ago. I'd read Tax Savvy for Small Businesses then consult with an accountant.


May 02, 2022 at 01:40 PM
pasblues
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p.1 #3 · p.1 #3 · Sole proprietor vs LLC


If you sign up for LLC, be sure to keep absolutely EVERYTHING separate from your personal accounts. There's something called "Pierce the veil" that you will want to avoid.


May 09, 2022 at 07:23 AM





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