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OLLC (Limited Liability Corporation). You can be sole proprietor – alone in your enterprise – as well as have an LLC. The difference here is your liability (if you get sued) is really a lot reduced over that of your sole proprietorship. You need to have an individual business concept. Your income flows through your regular tax provide. You may very well qualify to secure a refund, too. Depending on the type of business you have, this would be a good technique.
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