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Business License / LLC Tax Question

Discussion in 'Business & Tax Advice' started by Checkmate, Dec 28, 2011.

  1. Checkmate

    Checkmate Elite Member

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    I have a regular business license registered in my county. If I want to subcontract (1099 tax form) work do I need to form a LLC or can I do that using my regular business license?
     
  2. Moviejim

    Moviejim Registered Member

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    you can do it with your regular license. The purpose of the LLC is liability protection..nothing to do with 1099s or sub-contacting work.

    30 Year CPA
     
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  3. angelas111

    angelas111 Jr. VIP Jr. VIP

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    you just need to get an ein from the irs website to issue 1099's unless you want you ssn to show on them.
     
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  4. teeniegenie

    teeniegenie Supreme Member

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    +1 for both of these...
     
  5. szhang

    szhang Junior Member

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    just use regular business license. It's what I do.