9 Tax Considerations if you’re Starting a Business as a Sole Proprietor
RogerRossmeisl
FEBRUARY 18, 2024
When launching a small business, many entrepreneurs start out as sole proprietors. To the extent your business generates qualified business income, you’re currently eligible to claim the 20% pass-through deduction, subject to limitations. Here are nine considerations: 1. You may qualify for the pass-through deduction.
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