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OLLC (Limited Liability Corporation). You is actually a sole proprietor - alone in enterprise - as well as have an LLC. The difference here is your liability (if you get sued) is significantly reduced hop over to this website that from the sole proprietorship. You need to have an individual business determine. 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 could be a good feature.

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