Posts Tagged Proprietorship

Transitioned Business From Proprietorship To Llc – How To File Taxes?

Posted by on Sunday, 29 November, 2009

I transitioned my business mid 2007 to an LLC. Should I file taxes as two separate businesses? The first to include income and expenses as the sole proprietorship and the second to include income and expenses after becoming an LLC.
Or should I just include everything under the LLC?
Thanks!


Can I Operate A Business Outside The Country With A Sole Proprietorship Type Of Business?

Posted by on Sunday, 22 November, 2009

I’d like to operate a Business and Trade Organization outside the US. If I have a sole-proprietorship type of business, can I do that? If I decide to form an alliance with another business outside the country, would I have to change into a Corporation?