Monday, April 18, 2011
California to Allow LLCs for Contractors
Our friends over at Atkinson, Andelson, et. al. circulated a nice brief outlining this development taking place over the next year. For years the question of whether a contractor could operate within an LLC has been answered in the negative and this appears to be changing. There are a number of reasons to choose an LLC but it may not be the right entity choice for all.
The best course of action is to consult with your legal counsel, CPA and other trusted advisors and discuss your particular circumstances and objectives. The Atkinson article follows:
As always, please let me know if you have any questions...
Posted by Glenn Carniello, CPA CCIFP at 12:34 PM
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