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> A single person small business just getting started still has to pay 33% of their profit even if their profit is $1,000 for the entire year. That's simply no
by drjesusphd 11y ago
> A single person small business just getting started still has to pay 33% of their profit even if their profit is $1,000 for the entire year.
That's simply not true; somebody is lying to you.
A sole proprietorship's profit is passed as regular income to the proprietor.