Tax Planning - Why Doing It Now Is Essential

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Many small internet marketers start with a sole proprietorship to avoid the costs of forming a corporation or LLC. This may be a wise decision as statistics show that a lot of small businesses lose money for the first several years. If you add a C-Corporation as part of your business structure you can decrease your taxable income and therefore be qualified for individuals deductions which is why your current income is too high. Remember, a C-Corporation is individual individual citizen.

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