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Revision as of 19:47, 31 October 2026
Many small business owners start with a sole proprietorship evade the costs of forming a corporation or LLC. This can be a wise decision as statistics show that most small businesses lose cash for the first several years. Another angle to consider: suppose company takes a loss of profits for 12 months. As a C Corp presently there no tax on the loss, however there additionally no flow-through to the shareholders the problem an S Corp. The loss will not help your personal tax return at a lot of.
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