Hi @keck here is some information related to the advantages of becoming an LLC and the only way to determine when you should do this is to speak with an advisor regarding your situation.
You should check with your state on the guidelines they may have on what to do to set up an LLC, possibly check with the Secretary of State.
What are the advantages and disadvantages of an LLC?
Unlike informal business structures such as sole proprietorships or partnerships, forming as an LLC grants your business certain tax benefits as well as personal liability protection — meaning you won't be personally liable for your business's debts or in the event that your business is sued.
Alternatively, startups that expect rapid growth and plan to take on investors, such as venture capitalists and angel investors, may not benefit from forming an LLC and may choose instead to start a corporation.
Here is a link to set up an EIN, they are not complicated to set up, but you may check with your state to see what extra steps you need to take.
https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-n...
Hope this information helps!
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