Many small individuals start with a sole proprietorship evade the costs of forming a corporation or LLC. This may be a wise decision as statistics show that most small businesses throw money away for the first several years. Individuals are taxed differently, depending about their filing well-being. The cutoff for singles is a lot less than those filing as head of place. For instance, in 2009, those who belong from the 15% range are singles with taxable income of over 8,350 however it is not ...