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Amy and Jeff Barnes are going to operate their florist shop as a partnership or an S corporation. After paying salaries of $45,000 to each

Amy and Jeff Barnes are going to operate their florist shop as a partnership or an S corporation. After paying salaries of $45,000 to each of the owners, the shops earnings are projected to be about $60,000. The earnings are to be invested in the growth of the business. Write a letter to Amy and Jeff Barnes advising them as to which of the two entities to choose from.

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