UPDATE YOUR SOLE PROPRIETOR TO A TRUST By: Wallace Temple II
After completion of E-Filing a 1040 as a sole proprietor. It is official you are doing business as a trustee of a revocable trust.
All things require system updates to move efficiently and seamless.
To get to this point this is required:
Executed Revocable Living Trust
W-9
1040 tax returns for last three years as sole.
Bank Setup as Sole business
Merchant Account
If any of these are needed, feel free to book as many sessions needed to get this complete.
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See IRS.gov to create a digital online account for free;