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tsmithjazz
Jan 9, 2007, 09:48 AM
I have a business and I have been filing my personal taxes combined with my business. Is it better to file seperatly business and personal or does it make a defference?
AtlantaTaxExpert
Jan 15, 2007, 10:32 AM
If your business net income is below $100,000, then filing as a sole proprietor on your personal return is okay.

If your income consistently gets above $100K, you should consider converting to a SubchapterS corporation.