question re bookeeping/tax setup
I have a new PLLC in NY for my psychotherapy practice. It took the state year and a half to process the paperwork. Meanwhile, I have been doing counseling on a contract basis (1099) for other organizations to pay the bills. At this point, that is the bulk of my income. Now that the PLLC has finally gone through, I don't know how to set up the bookkeeping. The contract work is already taxed, but I am using that income to pay the business bills, such as rent and phone. There seem to be several ways to set up bookkeeping with a one-person PLLC, but I am now very confused as to which way would be best. Can anyone help?
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