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Revision as of 11:17, 3 September 2026
Many small internet marketers start with a sole proprietorship stay away from the costs of forming a corporation or LLC. This is a wise decision as statistics show that most small businesses lose cash for the first several years. Remember, anjing a personal exemption of $3650 is not deducted on tax but on your taxable income. Say for example your filing status is 'married filing jointly' with original taxable income of $100,000. This allows under the marginal tax rate of 25%.
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