Home: Message List - LLC or Corp

Re: LLC or Corp

Lighthouse24 — Mon, 17 Nov 2008 19:54:11 GMT

A single-owner LLC with no employees does not need a separate tax ID. If it has multiple owners or has employees, then it does.

http://www.irs.gov/faqs/faq/0,,id=199632,00.html

Welcome to the community and best wishes.

Re: LLC or Corp

changemystrin — Mon, 17 Nov 2008 18:29:43 GMT

To the best of my knowledge you and the LLC are completely seperate entities as far as the law is concerned.

There seems to be lots of information at <a href="http://www.legalzoom.com/llc-guide/limited-liability-company-edu-center.html"> Legal Zoom </a>.

Re: LLC or Corp

nospinzy — Mon, 17 Nov 2008 17:35:54 GMT

Talk to my lawyer accountant.... how is that an answer?

This is a simple question can you or can you not register an llc with a seperate tax id, and have that act as a seperate entity from your personal self.

Re: LLC or Corp

LUCKIEST — Mon, 17 Nov 2008 17:32:34 GMT

LLC or Corp, Welcome

Who are you?? Where are you?? What kind of business??

Talk to your Lawyer or Accountant. LUCKIEST

LLC or Corp

nospinzy — Mon, 17 Nov 2008 17:29:50 GMT

I want to register a buisness name but am not sure if a LLC or Inc would be appropriate.

This company will not have employes.

Would I be able to originate the llc with a seperate tax id? And if so would i then be able to pay myself as a private contractor?