Announcement

Collapse
No announcement yet.

2 types of businesses within the same business

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    2 types of businesses within the same business

    Got a client that does websites and added bookkeeping in 2009 within the taxpayers current Sch C business. Its currently a single member LLC. Each of these professions has their own business code. I am thinking I should file a Sch C for the website business and a separate Sch C for the bookkeeping business. Your thoughts?

    #2
    Originally posted by AZ-Tax View Post
    Got a client that does websites and added bookkeeping in 2009 within the taxpayers current Sch C business. Its currently a single member LLC. Each of these professions has their own business code. I am thinking I should file a Sch C for the website business and a separate Sch C for the bookkeeping business. Your thoughts?
    Full agreement with this plan of action.

    The answer would be different of course if the LLC had elected corporate status.
    ChEAr$,
    Harlan Lunsford, EA n LA

    Comment

    Working...
    X