Posts Tagged ‘Llc’

Transitioned business from proprietorship to LLC – How to file taxes?

Tuesday, March 31st, 2009

chris c asked:


I transitioned my business mid 2007 to an LLC. Should I file taxes as two separate businesses? The first to include income and expenses as the sole proprietorship and the second to include income and expenses after becoming an LLC.

Or should I just include everything under the LLC?

Thanks!
It is a single owner LLC with its own Tax ID.
Also, I do not have any employees.

Internet Business

Do I need to register my internet business as a foreign corporation?

Friday, January 9th, 2009
Speedy asked:

I live in New York state, and am considering registering my business (internet – ad supported) as an LLC in Delaware. I don’t sell any products – I only provide online content. Would I need to register as a foreign LLC in New York? Am I considered to be “doing business” in New York if only my office is located here and all revenue is from internet ads?

Internet Business