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The Official Website of the State of West Virginia

Accountability in small businesses

9/12/2022

Becoming a small business owner is a straightforward endeavor. Taking a trip to the Secretary of State’s office, the state’s small business one-stop business portal, or utilizing an online service like LegalZoom, an individual can register a company within a day. 
However, with that decision, the new business owner already must face small business accountability – either LLC or corporation status may protect them from business liabilities or debts but also makes them liable for taxes and reporting.
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