Because you are not a separate legal entity in the eyes of federal or state law. The state division of taxation may give you two business licenses, but the fact is if I sue your Business A, I can...
Type: Posts; User: jamesray50; Keyword(s):
This is exactly why you should form some type of...
Because you are not a separate legal entity in the eyes of federal or state law. The state division of taxation may give you two business licenses, but the fact is if I sue your Business A, I can...
Sorry, I can't help either. Had you considered...
Sorry, I can't help either. Had you considered forming an LLC or S-corp? I'm just wondering, when you file your 941's do you use your sole proprietor name and combine all the data for both...