
Ep. 2175 Taxes and How to Minimize Them
The Tom Woods Show
00:00
Is There a Legal Need to Incorporate?
There is no need to incorporate or form an l c for some people, some businesses. An entity can affect what's called acid protection. There are lots of reasons that have nothing to do with pat s where you might want to have an l c or incorporation. A sole proprietorship is the most advantageous way to be taxed. Every dollar you earn as an escort, there are ways to only pay it on part of what you earn. You can even change that n your o year, so that every single you can make sure you're getting the backs from benefit.
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