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I worked as an independent contractor last year but have…

Hi. I worked as...

Hi. I worked as an independent contractor last year but have since moved into a full time role. I was wondering if it's possible to retroactively create an LLC or SCorp for tax purposes?

Accountant's Assistant: What state are you in? It matters because laws vary by location.

I'm in California.

Accountant's Assistant: What steps have you taken so far?

None so far.

Accountant's Assistant: Anything else you want the lawyer to know before I connect you?

Nope. That's it.

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Answered in 11 minutes by:
3/19/2018
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
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Experience: 3+ decades of varied tax industry exp. Tax Biz owner
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Hello. Thank you for choosing this Q&A service for assistance. My name is***** will be assisting you. I am prepping my response, which I will provide to you in the next thread(s).

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The answer to your question is no, you can not retroactively create an LLC or an S-Corp. The IRS does not allow this. For further confirmation of what I have written, you can refer to the blog at the following link.

https://www.avvo.com/legal-answers/if-i-change-from-a-sole-proprietor-to-an-llc-with--1887675.html

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Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
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