Question
. An LLC is expected to earn $200,000 in annual profits. The LLC is owned equally by three people who have other substantial income and
. An LLC is expected to earn $200,000 in annual profits. The LLC is owned equally by three people who have other substantial income and will not need their profits for many years. What is the appropriate tax-minimizing entity classification decision for this business?
Trust
S corporation
Disregarded entity
Partnership
C corporation
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Costing
Authors: Lucey
7th Edition
1844809439, 978-1844809431
