Although Sole Proprietors Do Not Pay Any Special Taxes, as the Owner

question 210

Multiple Choice

Although sole proprietors do not pay any special taxes, as the owner of the business you are also an employee of the business, which requires you to

• A) pay income tax only one time each year.
• B) pay self-employment taxes.
• C) pay for the right to get an employee identification number.
• D) file an income tax return for the business.

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