Yes there is a difference, but LLC is a legal concept, not a tax one. The IRS taxes sole proprietors the same whether or not they have an LLC.
Tax entities include sole proprietorship (default), partnerships, s corps, c corps. Any of those can be LLCs, but they don't have to.
Profitability is just a proxy for whether someone is legitimately running a business, or just trying to save money on their hobby. Businesses can deduct expenses, hobbies cannot.
So if you are running an etsy store or an engineering company and buy a 3d printer to make parts, the cost of that 3d printer is subtracted from revenue for tax purposes. If your "business" is actually a hobby, it's not legally a business expense and therefore it's not deductible
(In the USA)
Now I have a virus :(
How much do uou pay for the silver bulletin? I'd consider signing up if I could know the price before I enter my email address.
On the other hand, if it had been two women who had both agreed that the one cup was the worst ever, it would have been a sure thing.
From the article:
Conscientiousness, one of the Big Five personality traits, is defined as a tendency to control one’s impulses, be persistent, act dutifully, and live up to one’s obligations to others.
Conscientiousness has been linked to a variety of positive traits and behaviors, such as responsibility, dependability, hard work, goal orientation, self-control, and leadership. Some conscientious people, however, happen to be dogmatic, inflexible, unquestioningly obedient, and intolerant of uncertainty (i.e., they tend to see things in black-and-white).
Does nobody remember dolphinsex.org?
Nah, I was born in 1987, and 2012 is definitely when it went to shit with the "tea party"
Well I wasn't conscripted to be on his detail (and neither were you) so i guess they didn't do all they could
The IRS doesn't audit annually, companies hire 3rd party auditors. And it's not a tax requirement, it's a public-company requirement.