What is the name of your state (only U.S. law)? Indiana
I'm a published author. I write under a pen name. I incorporated several years ago (S-corp). This year I started do freelancing writing (under another pen name) and need to figure out how to handle that income. For tax purposes, I don't want to have it all paid directly to me. Is it possible to set it up so that my legal entity that is my primary pen name is DBA as the secondary pen name that's receiving the freelance income?
I'm a published author. I write under a pen name. I incorporated several years ago (S-corp). This year I started do freelancing writing (under another pen name) and need to figure out how to handle that income. For tax purposes, I don't want to have it all paid directly to me. Is it possible to set it up so that my legal entity that is my primary pen name is DBA as the secondary pen name that's receiving the freelance income?