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OLLC (Limited Liability Corporation). You should be a sole proprietor - alone in your online business - then have an LLC. The difference here is your liability (if you get sued) is really a lot reduced over that of your sole proprietorship. You might want to have an exact business company name. Your income flows through your regular tax visit. You may very well qualify for a company search refund, additionally. Depending on the type of business you have, this can be good option.

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