@Teri wrote:
If you are a one-person company, as I am, in some states you don't get to choose, so check that first. For example, in CA there is no such thing as a one-person LLC, so only choices are C Corp or S Corp, but that works for me so I am an S Corp, which would be my preference. LLC to me, from accounting view is kinda silly to setup since then most transactions must be processed on your personal books vs. company books that you already have setup for biz.
Not sure where you got that information, but a sole proprietor in California can file an LLC registration.
https://www.ftb.ca.gov/businesses/Structures/Limited-Liability-Company.shtml
goggle it too, there are bunch of sites that will do it for you
LLC or not, the books for a sole proprietor are the same. LLC is just a civil legal protection separating your personal assets from the company in the event a law suit goes against you.
ANYONE know why this site is suddenly double spacing?
