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OLLC (Limited Liability Corporation). You can be a sole proprietor – alone in your enterprise – and also an LLC. The difference here is your liability (if you get sued) is really a lot reduced over that of just a sole proprietorship. You really should have a certain business full name. Your income flows through your regular tax provide. You may very well qualify for a refund, additionally. Depending on the type of business you have, this will be a good capability.
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