- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Other financial discussions
You should consult, in-person, with a tax attorney and/or a tax professional with experience in business entity accounting and taxation.
Creating separate companies might seem ideal in order to separate the individual activities, but it will increase your costs, particularly in terms of reporting and compliance with federal and state authorities.
Conversely, if the activities are combined (or grouped), then disposing of just one activity can present issues.
‎July 30, 2020
6:58 AM
524 Views