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Straightforward Advice to Lower Your Tax Bill with Shannon Weinstein #487

How to Money

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Small Business Taxes - What You Shouldn't Know

If you're a sole owner operating a business, but you haven't actually filed the legal entity, you are a sole proprietor. If there's multiple people, then you have to form it as a partnership. So if you want to look into llc, talk to a lawyer, because they are the ones who see these two different things differently.

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