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OLLC (Limited Liability Corporation). You is a really sole proprietor – alone in your online – and have an LLC. The difference here is your liability (if you get sued) is significantly reduced over that to a sole proprietorship. You need to have a certain business name. Your income flows through your regular tax refund. You may very well qualify just for a refund, to boot. Depending on the type of business you have, this would be a good treatment.
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