Ok, so I'm not certified or anything but I'm ambitious. I helped a friend with his business and got overloaded trying to figure out the 1125S. He didn't take any of my advice, and still has shares the business checking account as his personal account. Many other problems as well but that's a side track. (He should have listened). At the time I started a Bookkeeping corporation (a personal corporation) aid in my learning (I figured immersion is the best way to learn). To be clear, net income for that corporation was less than $1K. It is what I call a hobby corporation. My friends business has over $900K net income and he is getting audited. He wants my help again because I was his go to for things he did do.

Now I have since had 3 quarters of zero income and planned on closing my little hobby and so on, but now that I agreed to help him out (he said he would pay me well) do I need to use that corporation i started to accept payments or can I just take the 1099 and file under my SS#? Before anyone gets on my case about rookies not doing what requires professional talent, just know that I made the choice to get some proper training last week and I am starting #&# #lock remote tax pro training next week. If it wasn't the end of December I would properly research this, but I figured advice is the best medicine at this point in time. I do have a PTIN and I'm still in limbo waiting for the IRS to approve my application for an EFIN.