Currently, I own an LLC and have an EIN and bank account.
I'm looking at parterning with a buddy of mine to help expand the business.
What is the process I have to go through to do this? At the time I filed for the LLC I wasn't even aware of SMLLC's and MMLLC's. So would bringing this partner on as a member change my current LLC to a Multi Member LLC? If so what changes in terms of tax reporting. As of now there will be no other employees, just him and I and co-owners.
thanks all!





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