Many small internet marketers start with a sole proprietorship keep clear of the costs of forming a corporation or LLC. This is a wise decision as statistics show that many small businesses throw money away for the first several years. There's a difference between, "gross income," and "taxable income." Revenues is how much you can make. taxable income is what federal government bases their taxes off. There are plenty of things you can subtract from your gross income to offer a lower taxable i...