Forum Discussion
Need advice on a Business License
Hi:
I am starting a freelance eLearning business. For those of you out there, what type of business license did you acquire? I am leaning towards sole proprietorship but also know that LLC gives...
You can set up an LLC, but still be taxed as a sole proprietor. That gives you the best of both worlds. Essentially, you have an LLC with a single member. The IRS ignores that, so you file a Schedule C and are taxed just like you would as a sole proprietor.