{"iri":"https://lexicon.financial/legal/tax/irs/Pub334/SoleProprietor","label":"Sole proprietor","definition":"Someone who owns an unincorporated business by themselves. An individual who is the sole member of a domestic LLC is also a sole proprietor for income tax purposes, unless they elect to have the LLC treated as a corporation.","license":"https://www.usa.gov/government-copyright","source":"irs","source_url":"https://www.irs.gov/publications/p334"}