Items to Gather for Your Tax Return
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Business Type For Your Small Business
If you’re thinking about starting a new business, one of the first choices you will have to make is the type of business that works best for you. For a small business, you basically only have two viable options: an LLC or an S-Corp (a corporation governed by subchapter S of the IRS tax code). Both are pass-through entities, which means the members or shareholders are personally responsible for paying tax on money received.:
Employee vs Independent Contractor
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