- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
Congratulations on your new business! The type of business entity that you choose will be based on your specific circumstances. We would recommend speaking with a tax advisor to determine the best route for you. However, a lot of businesses start out as sole proprietors initially. In regards to starting an LLC - that's a great choice for the liability protection against your personal assets. If you are a single member LLC, you would file your federal tax return as a sole proprietor since IRS does not acknowledge LLCs.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎August 31, 2022
9:31 AM