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1. A. What is the tax year for a partnership of individuals? B. (1) What is the tax year for an S corporation? (2) What
1. A. What is the tax year for a partnership of individuals?
B. (1) What is the tax year for an S corporation? (2) What are the maximum number of shareholders? (3) How does a corporation become a S corporation? Explain.
C. What are three business entities that are taxed under partnership rules?
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