Paying Taxes Can Tax The Better Of Us: Difference between revisions

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Many small individuals start with a sole proprietorship stay away from the costs of forming a corporation or LLC. This is often a wise decision as statistics show that most small businesses generate losses for the first several years.

The more you earn, the higher is the tax rate on use earn. In 2010-you have six tax brackets: 10%, 15%, 25%, 28%, 33%, and 35% - each assigned any bracket of taxable income.

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