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Business & farm
Thanks for the clarification.
I still think the in the statement "In our state, it is considered a single-member LLC" makes no sense with respect to "considered." Either it is, or it isn't, based on the Operating Agreement (assuming @rwom1217 has one).
My guess is that @rwom1217 is confusing a sole proprietorship with an LLC and that Articles were never actually filed, because if they were, he would have just said so. I think they are confused because a SMLLC and a sole proprietorship usually file the same kind of tax return. But once you bring in a second person who participates in the business, it starts to matter very much exactly how the business was filed, or not filed.
But only they can clarify.
‎September 2, 2023
8:33 PM