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OLLC (Limited Liability Corporation). You car certainly be a sole proprietor - alone in your business - then have an LLC. The difference here that the liability (if you get sued) is significantly reduced over that with regards to a sole proprietorship. You should always have a definite business full name. Your income flows through your regular tax return. You may very well qualify for about a refund, to boot. Depending on the type of business you have, this may be a good resolution company search .

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