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Bart is contemplating starting his own business. His new business would operate as a sole proprietorship and would require hiring several employees. Describe the employment-related taxes that Bart should be aware of as he starts his new business as a self-employed business owner.
Investment Group
A collective of individuals or entities that pool their resources to invest in various ventures or securities.
Joint Venture
A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task, project, or business activity.
Syndicate
A group of individuals or organizations combined to promote a common interest.
Contracts Fraud
Contracts fraud involves the intentional deception or misrepresentation made by a party in a contract to gain a financial advantage or to harm the other party, often relating to the falsification or concealment of information.
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