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OLLC (Limited Liability Corporation). You is actually a sole proprietor – alone in enterprise – then have an LLC. The difference here is that your liability (if you get sued) is quite a bit reduced over that of just click the up coming internet site a sole proprietorship. You have got to have an exact business domain name. Your income flows through your regular tax revenue. You may very well qualify for a refund, on top of that. Depending on the type of business you have, this is usually a good resolution.

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