Salon, Sole Proprietor single member LLC, launched 2nd location. Would it make for cleaner books to have each location have their own checking account or basically a sub checking account but both locations/accounts under the one EIN #?
Salons 2nd location......checking account for each location?
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It is a disregarded entity so sch C and it really does not matter as long as the expenses are combined in the appropriate lines of Sch C.Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR -
Yes on filing Sch C but probably S-Corp for tax year 2015
Yes on filing Sch C and that is what I was thinking but probably S-Corp for tax year 2015. Would that change things?Comment
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