LLC, sole proprietaty or wing it?
LLC, sole proprietaty or wing it?
Out of context: Reply #16
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- mbr0
LLC
Taxation is transparent for a sole ownership, meaning you are taxed as an individual, not taxed twice.
S-Corps require more info to keep updated, which is part of the reason LLCs were created (less complicated, same benefits).Just don't tell anyone that you are an LLC. You DO NOT have to include the letters after the company name.