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Marcin - "Kashmir" on One Acoustic Guitar

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lawhawk3/22/2021 7:10:51 am PDT

re: #110 Dangerman

that’s mostly only true for single document compliance income - like you said
w-2’s
1099’s etc

once you add an entity in the middle that involves income and expenses and recording transactions to arrive at net income, it’s a whole nother problem

Pass-through entities (LLCs, LLPs, S corps) are a huge beast that allows individuals and companies to shield income and move money around seamlessly and without transparency.