Josh My Father Transferred His Ownership In A Single Member LLC To Me During 2013. About One Month Later, Another Party Joined Me.
We Are Now Preparing To File Our Tax Returns. I Have Been Advised By Two Different People That We Will Need To File As A
Partnership Or Corporation Since There Are Two Members.
Also, Will Need To Do The Following:
File An Entity Classification Form And Request A New FEIN.
Questions Are As Follows:
Is This Advice Correct Or Can We File A Schedule C?
Since We Used The Tax Id Number Of The Original Single Member Llc During 2013 To Report All Employment Taxes, W-2's, Etc. ,will
All Of Those Reports Have To Be Changed Using New Number?
Last, Any Other Actions I Haven't Considered?
Thanks. |