When you earn income from selling a product or a service, you are a sole proprietor. There is nothing that you must do as a single business owner except report your income to the Internal Revenue Service on your personal tax return and possibly obtain a
his ranks low in terms of prestige and high in income. His father, a jewelry exporter, earned $27,000 at his peak, several years ago. His mother was a bookkeeper. They rented the bottom floor of a two-family house in the Bronx and raised Gerald and his sister...