Born Free
DP Veteran
- Joined
- Sep 21, 2011
- Messages
- 9,161
- Reaction score
- 2,142
- Location
- Sonny and Nice
- Gender
- Undisclosed
- Political Leaning
- Conservative
You have significantly reduced personal liability.
Tell me why a sole proprietor should have total liability and 1 level of taxation and a corporation had very limited liability and 1 level of taxation.
Not that I think you understand this topic at all.
Now you show your ignorance. A sole proprietor is stupid, that's way. They has a choice to be a sole proprietor or form an LLC or a "S" corp, which puts them on the same level as a corporation. But I see you don't know the difference. In fact an LLC or a "S" corp is not double taxed as a corporation. Now tell me why LLC's and S corps are not double taxed and the shareholders of corporations are.
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