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OLLC (Limited Liability Corporation). You might just be sole proprietor - alone in your online business - and feature an LLC. The difference here is your liability (if you get sued) is quite a bit reduced over that of your sole proprietorship. You really should have a specific business company name. Your income flows through your regular tax return. You may very well qualify for a refund, too. Depending on front page the type of business you have, this is really a good resolution.

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The Entrepreneur charges 65% less for the same services with regards to bigger established company. Remember they have the similar talent and previous data. Lets say that the charge for simplicity is $1000 for the chosen service. The entrepreneur charges $350 as well as the corporation charges $1000 for the exact same service.