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OLLC (Limited Liability Corporation). You is actually a sole proprietor – the only person in your online business – then have an LLC. The difference here that the liability (if you get sued) is quite a bit reduced over that from the sole proprietorship. You really should have a definite business Full Guide name. Your income flows through your regular tax recur. You may very well qualify just for a refund, too. Depending on the type of business you have, this can be a good technique.
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