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Many small business proprietors start with a sole proprietorship stay away from the costs of forming a corporation or LLC. This is usually a wise decision as statistics show that a lot of small businesses generate losses for the first several years.

If you add a C-Corporation to all of your business structure you can help to eliminate your taxable income and therefore be qualified for several of the deductions in which your current income is just too high. Remember, a C-Corporation is the liechtenstein individual taxpayer.

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