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    What do most of you run LLC or sole prop?

    Which way is the best way to go? From what i read, most people do LLC's. But is that really the best choice for an online/eb business? From calling around and speaking to CPA's without giving out detailed info most say sole prop is the way to go and that most people don't even need the LLC...
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    Why an LLC if it doesn't protect against legal malpractice?

    For those who chose LLC over sole proprietorship, could you share why you chose that route?
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    How much tax do you pay on your LLC

    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
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    LLC and its taxes/CPA?

    Planning to open one up sometime this month. Currently looking for a book keeper. Quick question about that, when my accountant does my taxes i should only supply him my invoices right? From what i have been told, book keepers sometimes ask for your bank statements and its best not to give them...
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    How does the IRS know your income?

    I generate my income from online sales. That money goes to my bank account. From what i know the banks don't report to the IRS right unless they ask for it or its high numbers?
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