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re: Looking for accounting advice
Posted on 1/22/20 at 10:49 am to oneg8rh8r
Posted on 1/22/20 at 10:49 am to oneg8rh8r
Are you in Washington? I'm not sure how the LLC laws are up there, so you will want to speak with someone who is familiar with them.
In Louisiana, LLCs are cheap, so the typical pattern is to :
1) Form the LLC
2) Get an EIN from the IRS
3) Have the LLC taxed as a partnership (since you have two members)
4) Get a bank account in the LLC's name
5) Start operating and use a program like Quickbooks or Xero to track your finances.
In Louisiana, LLCs are cheap, so the typical pattern is to :
1) Form the LLC
2) Get an EIN from the IRS
3) Have the LLC taxed as a partnership (since you have two members)
4) Get a bank account in the LLC's name
5) Start operating and use a program like Quickbooks or Xero to track your finances.
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