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Version du 31 octobre 2024 à 13:42
Many small business proprietors start with a sole proprietorship avoid the costs of forming a corporation or LLC. It is a wise decision as statistics show that a lot of small businesses generate losses for the first several years.
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Tax complying. While avoiding tax payments is illegal, lowering taxable income is not necessarily. Stay in compliance by reporting taxable income and deductions that tend to be legally eligible to claim. Also, be specific to file promptly and send payments with due date.
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