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Crystal
Should I file an LLC with my domestic partner as independent contractors?
Here are the details:
We recently moved to Arizona to start work for a small hot air balloon company. We are hired as independent contractors and anticipate making around $1500 per month each before tax.
This is my first time working as an independent contractor and I heard that forming an LLC could help with income taxes at the end of the year. I was hoping for some general advice on if my partner and I should file for an LLC together or each form our own. We aren t legally married, but we own property and other assets together.
Let me know if you need more details, thank you very much!
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