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Tag Archives: llc

What is the Difference Between a Sole Proprietorship and an LLC?

By: Donna Chaffins | Date: June 1, 2018 | Categories: Financial, Working at Home
sole proprietorship

Owning a business can involve various challenging decisions, and one might be whether to set it up as an LLC or maintain it as a sole proprietorship. One similarity between the two is that both must apply for EIN (Employer ID Number). Still, there are several differences between an LLC corporation and a sole proprietorship: […]