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Elaborate on how the following entities are taxed: - 1. Sole Proprietorships 2. Partnerships 3. Limited Liability Companies (LLC) 4. C-Corporations 5. S-Corporations 6. Fiduciaries

Elaborate on how the following entities are taxed:

- 1. Sole Proprietorships 2. Partnerships 3. Limited Liability Companies (LLC) 4. C-Corporations 5. S-Corporations 6. Fiduciaries (trusts)

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