gsanderson
Junior Member
Pennsylvania
I'm starting a bookkeeping and payroll processing service. I (and eventually a staff) will do standard bookkeeping for companies, prepare their payroll, prepare (nonattest) financial statements for clients, and provide some input on the analyzation of data.
In Pennsylvania, as I understand it, a professional LLC must be formed if the work performed is required to have a license (doctor, lawyer, etc.). Nothing my business would do would require a CPA license, but I am a CPA and I would obviously like to mention that on advertising materials.
My question is twofold. First, would I be required to form as a professional LLC, and second, if down the road I decide I want to perform compilations for clients and would then need to form a professional LLC, is it possible to convert from regular to professional?
Thanks for your help!
I'm starting a bookkeeping and payroll processing service. I (and eventually a staff) will do standard bookkeeping for companies, prepare their payroll, prepare (nonattest) financial statements for clients, and provide some input on the analyzation of data.
In Pennsylvania, as I understand it, a professional LLC must be formed if the work performed is required to have a license (doctor, lawyer, etc.). Nothing my business would do would require a CPA license, but I am a CPA and I would obviously like to mention that on advertising materials.
My question is twofold. First, would I be required to form as a professional LLC, and second, if down the road I decide I want to perform compilations for clients and would then need to form a professional LLC, is it possible to convert from regular to professional?
Thanks for your help!