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Ahmed, thank you for submitting your inquiry. Keep in mind LegalZoom is not an accounting firm and cannot provide tax advice on your behalf. Please direct this question to a tax professional to determine whether or not you will be able to take advantage of tax benefits for the 2010 fiscal year if you form an entity. If you find you will need to form an entity quickly to ensure its formation by the year’s end, please call our Business Formations department directly at (888) 381-8758.

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