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ProAdvisor
Re: Changing from Sole Prop to LLC due to death of owner

You should start a new set of books. Legally an LLC is a new entity. It can still be run as a sole proprietorship. It is considered a disregarded entity.

 

You would need to change the social security number to an EIN number. If it is an EIN number, you probably can use the same number.

 

You should check with your accountant.