You can open a basic LLC, which works like a sole-propriatorship, or...
...you can go for a C-Corp, S-corp, or probably several other entities I'm not familiar with. All of them function slightly differently, but all have similar limited liability protections.
I recommend keeping the finances separate, and try to NOT keep all of the money in the business until the end of the year. Distribute "earnings" to yourself throughout the year.
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In response to this post by EDGEMAN)
Posted: 08/15/2018 at 10:16AM