Question
Pat and Nicole formed here as a limited liability company, Unless the member owner elect to be treated otherwise, the internal Revenue Service will tax
Pat and Nicole formed here as a limited liability company, Unless the member owner elect to be treated otherwise, the internal Revenue Service will tax the LLC as:
Multiple choices
A) an s corporation.
B) a C corporation.
C) a non-taxable entity.
D) a joint venture.
E) a partnership.
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Step: 1
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
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