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This guide looks amazing so far, thanks for putting it together. @patio11 or anyone: since Stripe Atlas is still in the early stages and not accepting everyone
by josephjrobison 10y ago
This guide looks amazing so far, thanks for putting it together.
@patio11 or anyone: since Stripe Atlas is still in the early stages and not accepting everyone, what's the quickest/cheapest/easiest way to move a company from a Sole Prop to an LLC/S-Corp?
My CPA recommended a tax attorney but that seems old school and expensive. At the same time, companies like LegalZoom or MyCorporation charge $$ for BS things like "obtaining an EIN" which takes a few minutes, so I don't trust those services either.
- 60654 10y agoUnfortunately the devil will be in the details. If the sole prop has nothing and no obligations, you might be able to just incorporate. But if you have any contracts in place, or customers, or contractors etc, that requires some work - not difficult, but doing the right thing (eg. contract reassignment) is situation specific. Personally I'd look for a solo small-business attorney, they should be able to do this for cheap. Definitely not a brand name startup law firm :)