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The year is winding up and the start of a new year is right around the corner. In general, this year has issued a financial beating to many of us an the holiday season isn’t exactly helping. Regardless of whether we see a glimmer of home in the horizon, there remains one fact: Absolute financial control and planning is needed for 2011.

Here are a few tips to help you along the way:

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The structure of your business determines a lot of things. It can determine your tax obligations, accounting/finance rules you have to follow, as well as reporting duties you may or may not be bound by. There are 7 types of entities:

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