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sdschadewald
Level 1

Do I need to open a new business bank account and Intuit account after switching to an LLC from a Sole Prop? I will be filing for S-Corp status too.

I'm in Arizona.

1 Comment 1
MorganB
Content Leader

Do I need to open a new business bank account and Intuit account after switching to an LLC from a Sole Prop? I will be filing for S-Corp status too.

Hi there, sdschadewald.

 

I'm happy to point you in the right direction for your question about new bank and QuickBooks accounts.

 

In this situation, I recommend consulting with your accountant. They'll be able to take a look at the specifics of your books and business setup to give you the best advice. If you don't currently have an accountant you can find one in your area trained in QuickBooks by searching here: Find a ProAdvisor

 

Once you get more info from your accountant and find you need a hand with the entries please don't hesitate to reach back out. The Community is always happy to help.

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