Business License / LLC Tax Question

Checkmate

BANNED

Aug 9, 2010

1,658

687

• Dec 28, 2011

• #1

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?

 

M

Moviejim

Registered Member

Nov 14, 2011

57

15

• Dec 28, 2011

• #2

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

 

angelas111

Elite Member

Jan 4, 2009

1,648

1,052

• Dec 28, 2011

• #3

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

 

teeniegenie

Supreme Member

Aug 28, 2010

1,294

666

• Dec 28, 2011

• #4

Moviejim said:

you can do it with your regular license

Click to expand...

angelas111 said:

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

Click to expand...

+1 for both of these...

 

szhang

Junior Member

Jan 21, 2009

191

30

• Dec 29, 2011

• #5

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