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Hey guys, this is Toby Mathis, and weamp;#39;re going to talk about 12 tax deductions for small businesses. So letamp;#39;s jump right on in. Number one, whenever weamp;#39;re talking about a small business, understand that thereamp;#39;s different varieties of how they can be set up for tax purposes. The Lazy Man. And the easiest one is being a sole proprietor, which is really no different than you and your business being like this one in this thing, the audit rates are about six, seven, 800% higher for sole proprietors because of this. And they lose about 94 to 95% of their audits and they pay more tax. So Iamp;#39;m going to throw that one right out the door. If you are going into small business and youamp;#39;re going to do it in earnest and youamp;#39;re going to intend to make money that we need to be smarter than that. We need to be an S-Corp a C Corp or an LLC, taxed as an S-Corp or an LLC, taxed as a C Corp from a tax standpoint. Thereamp;#39;s really only two flavors