Hi,
Here is my situation:
I am buying an interest in a new LLC. The other partner is contribution on ongoing business already on quickbooks (sole prop.). I am contributing cash.
We have a quickbooks bookeeper doing the books today - she says she can handle to swicth.
I am looking for input from the forum on things the be careful about/be sure to do/etc.
Hi,
Here is my situation:
I am buying an interest in a new LLC. The other partner is contribution on ongoing business already on quickbooks (sole prop.). I am contributing cash.
We have a quickbooks bookeeper doing the books today - she says she can handle to swicth.
I am looking for input from the forum on things the be careful about/be sure to do/etc.
Hire an accountant - there are many snags and rules to follow to accomplish the switch of a entity.
t> Hi,
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