An S-corporation form of ownership overcomes which disadvantage of the regular or "C" corporation form of ownership?
A)The double taxation issue
B)The expense and difficulty of formation
C)The amount of regulation and red tape involved in its operation
D)The potential loss of control by the founder

Question

Quizplus · Accepted Answer

An S-corporation avoids double taxation by allowing profits and losses to pass through to the shareholders, who include them on their personal tax returns.

An S-Corporation Form of Ownership Overcomes Which Disadvantage of the Regular