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Revision as of 23:22, 9 November 2026
Many small business owners start with a sole proprietorship avoid the costs of forming a corporation or LLC. This is often a wise decision as statistics show that many small businesses generate losses for the first several years. The great news though, is that the majority of Americans have simpler tax returns than they realize. Many people get our income from standard wages, salaries, and pensions, meaning it's for you to calculate our deductibles.
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