Q:

What is a advantage of sole proprietorship

Answer

As a sole proprietor you can avoid being double taxed, you can also deduct your business losses to the extent of your total MORE?

Categorized In: Corporate Info

Source: Doing Business as a Sole Proprietor | www.poznaklaw.com

Description: Conducting business as a sole proprietor brings two tax advantages. These advantages arise because the law makes no distinction between you and your business. The first advantage is avoidance of double tax. What, you may ask, is double tax? Basically, do

Nov 10, 02:04pm

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