How can I change my business structure?
Changing your business structure involves several steps. What type of structure are you considering?
I'm thinking about moving from a sole proprietorship to an LLC.
That's a great choice! You'll need to file articles of organization with your state and create an operating agreement.
What are the tax implications of switching to an LLC?
LLCs offer flexibility in taxation. You can choose to be taxed as a sole proprietor, partnership, or corporation.
Do I need a lawyer to help with this process?
While it's not mandatory, consulting a lawyer can help ensure you meet all legal requirements and protect your interests.
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