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LLC vs Sole Prop & Business accounts
I am a physical therapist working as an independent contractor for a company. I have liability insurance but I want to know if I should start a single member LLC or Sole proprietorship for tax purposes. If so, which one is more beneficial come tax time? Additional, can I have the income I earn as a independent contractor deposited into my business account and count as business income?
‎August 31, 2022
9:32 AM