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OLLC (Limited Liability Corporation). You is a really sole proprietor - simply click the following web site only person in enterprise - and enjoy an LLC. The difference here that the liability (if you get sued) is really a lot reduced over that connected with sole proprietorship. You really should have an individual business full name. Your income flows through your regular tax bounce right back. You may very well qualify for a refund, all too. Depending on the type of business you have, this could be a good resolution.

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