I hired 1800Accountant due to being a first time business owner. I created my LLC but did not elect a status. 1800Accountant says I need to apply for s-corp status to get my business losses to pass through on my personal income.
I’m not sure if this is true and honestly confused. I thinking I’m two years away from generating revenue.
I’m not sure if this is true and honestly confused. I thinking I’m two years away from generating revenue.