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I have had my own automotive consulting sole proprietorship for almost 3 yrs now, but I have recently started a freelance copywriting career. The automotive consulting has a business name, but the copywriting will just be under my name. Should I lump all my expenses and profits together on one Schedule C, or do I need to start a second sole proprietorship and fill out two? Thanks.

It depends on whether you view your consulting and writing business as one or as two separate businesses. There is nothing wrong with combining your revenues and expenses on a single Schedules C.

However, since one is operating under a separate business name, and you don't use that name for the other business, you should file separate forms. Hopefully, you are also keeping separate records for the two enterprises.

What should a copywriting portfolio look like?

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About Rowan

Rowan Shead based in Parramatta Sydney Australia I've been working in and with small businesses for 20 years I enjoy helping business to grow. I believe you should out think your competition rather than out spend them. My skills that I bring to the table, understanding how small business works. Copywriting - Direct Response, Technical Writing, White Papers Marketing - Strategic, Marketing that Work Selling - Creating Sales Process Internet - Google Adwords, Web 2.0, Optimising Websites, Setting Wordpress Blogs Project Management
  • Serge M

    It depends on whether you view your consulting and writing business as one or as two separate businesses. There is nothing wrong with combining your revenues and expenses on a single Schedules C.

    However, since one is operating under a separate business name, and you don't use that name for the other business, you should file separate forms. Hopefully, you are also keeping separate records for the two enterprises.
    References :

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