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Community: Investing Wiki

Term Of The Hour

find investors: Original post by Diane Perez of Demand Media The Internal Revenue Service (IRS) does not recognize a sole proprietorship as a business. The self-employed person lists all income on Form 1040 and pays income tax at the same rate as individuals. Surprisingly, many states do not recognize a sole proprietorship as an entity separate from the individual, even though they represent approximately 75…

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