Smart Income Tax Saving Tips: Difference between revisions
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Revision as of 17:13, 5 October 2024
Many small internet marketers start with a sole proprietorship to avoid the costs of forming a corporation or LLC. This is often a wise decision as statistics show that a lot of small businesses generate losses for the first several years.
3) Have you opened up an IRA or Roth IRA. Your current products don't possess a retirement plan at work, whatever amount you contribute up to specific amount of money could be deducted because of your income to reduce your taxation.
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