pass through taxation
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To Be or Not to Be: Creating a Business Entity
Starting a new business brings with it a lot of excitement and a lot of legal issues. Maybe you need a non-disclosure agreement with your suppliers to protect your trade secrets, or a transfer of ownership agreement to ensure that you own the copyright to the software created by the independent contractor you have hired. Before you do all that, however, you need to get your legal house in order by forming a business entity.
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