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Tag: LLCs

Business Registrations: Sole Proprietorships, Partnerships, Corporations, & LLCs

Sole Proprietorships

A sole proprietorship is the simplest, least regulated, and most common form of business organization in the United States (but not in Georgia, that is the LLC, which we will get to later). Legally and for tax purposes, the individual owner is the business. The liabilities and profits are personal

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