Owners of a small business typically minimize tax costs and maximize cash flow by operating as a passthrough entity.

Name: Owners of a small business typically minimize tax costs and maximize cash flow by operating as a passthrough entity.
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Quizplus · Accepted Answer

Passthrough entities, like sole proprietorships, partnerships, and S-corporations, allow business income to be taxed at the owner's personal tax rate, potentially reducing tax costs and improving cash flow.

Owners of a Small Business Typically Minimize Tax Costs and Maximize