Since a corporation is recognized as a separate tax,it has the advantage of being able to take many deductions and expenses that are not available to the proprietorship or partnership.
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Q21: The S corporation cannot have more than
Q31: Shareholders in an S corporation have the
Q33: Sole proprietorships usually use a calendar year
Q34: Shares of stock are issued to members
Q35: Both partnerships and proprietorships serve as nontaxable
Q35: An S Corporation combines the tax advantages
Q38: The limited liability company is automatically taxed
Q50: The management team of a new venture:
A)
Q53: _ have unlimited liability for the actions
Q60: Bonds can be used to raise capital
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