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Freelancer questions: LLC and EIN
I am a freelancer who works with multiple clients on digital production both design and photographic, most of my income is 1099s. At this moment I pay self employed taxes and quarterly taxes. When is it a good idea to become an LLC? What are the benefits? I've also had some clients request EINs instead of SSN for 1099 forms. What is the benefit of an EIN and is it complicated to apply for it?
‎October 27, 2021
11:53 AM