As a sole-proprietor, Can one start a separate LLC?===>>>>>>>>you mean smllc, then, yes;as a sole proprietor, you own and operate your own business, but it is not a corporation or mmllc,partnership, I mean.
Online affiliates using SSN Or EIN as sole prop but also want to setup an LLC
for Ecommerce.
Would setting up an LLC dissolve the sole prop?=========>>no; you can run both of them; llc here means smllc not mmllc, partnership.
Would new EIN for the LLC be needed?=========>>>>>it depends; you need a new EINn when you take in partners and operate as a partnership; you purchase or inherit an existing business that you operate as a sole proprietorship.but you do not need new one aslongas you operate multiple businesses. |