Level 10

Talk about your business

@cfvbookkeeping wrote:

Hi Mark,


My question my client is a LLC with an EIN my clients has eclected to become a S-Corp, can use the client company or do I need to set up a new company file. I was told by the attorney the client could use the same EIN ?

  Christopher F. Verone

I would think the creation a new corporation requires new EIN and a new set of books. The activity of the LLC is not the history of the new corp