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Revision as of 10:21, 5 August 2026


Many small small business owners start with a sole proprietorship to the costs of forming a corporation or LLC. This can be a wise decision as statistics show that a lot of small businesses lose money for the first several years.

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For my wife, she was paid $54,187, which she isn't transfer pricing taxed on for Social Security or Healthcare. This wounderful woman has to put 14.82% towards her pension by law, making her federal taxable earnings $46,157.

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