Hi,
I and my wife recently received our EADs. I am planning to start consulting and freelancing along with my primary job.
Do I need to "register" an LLC etc? IS IT A REQUIREMENT? or may I simply start working for someone/some company and report all the extra income from these sources at the time of filing my taxes?
How important is to register this as an LLC or sole proprietorship?
CoG.
I and my wife recently received our EADs. I am planning to start consulting and freelancing along with my primary job.
Do I need to "register" an LLC etc? IS IT A REQUIREMENT? or may I simply start working for someone/some company and report all the extra income from these sources at the time of filing my taxes?
How important is to register this as an LLC or sole proprietorship?
CoG.