Question
My husband and I opened 2 LLCs this year. Do I need to file the LLCs each separately from my standard tax return?
One of our LLCs uses several independent contractors to fulfill and manufacture orders placed through our business. It has made several thousand of sales during its first 8 months. We do collect/file sales tax and their returns for the states that require us to.
The second is a service style business. It has not been active like our other business but probably has brought a couple thousand over the course of the last 8 months.
