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I switched from Sole Proprietorship to an LLC, do I have to inform the irs that the sole proprietorship is closed?
On January 1, 2019 I started and LLC for my business that was formerly a Sole Proprietorship. I did everything with business licenses, new bank account, etc. and even got a new EIN. Do I have to "Close" my sole proprietorship in Turbo Tax and "Open" my LLC to inform the IRS of this? If so, how to do I do this?
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‎January 24, 2020
8:45 PM