Alice and a plan to go into business together. For the first two or three years of operations, they anticipate lossen, wich they would like to use to offer income from other sources. They also are concemed about exposing their personal assets to business liabilities Advise Alice and will as to what business for would best meet their needs OA S corporation. This will permit the losses incurred during the first few years to be passed through to Aloe and and be used to offeet income from other sources and affords thom limited ability OB. Corporation. It's marginal tax rate will always be lower than Aloe and so when the wes become nome, they will be in a tax valge OG LLC. While offering Nice and is the limited ability of a corporation, a limited liability company (LLC) with more than one owner analyse treated as a partnership for tax purposes OD. Either or