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Mr and Mrs. Beyonce decide to open a Lemonade Stand. They dont care about liability and only would like to minimize their tax reporting. They
Mr and Mrs. Beyonce decide to open a Lemonade Stand. They dont care about liability and only would like to minimize their tax reporting. They file a Individual tax return and they do not want any other tax return. How should they file their business?
The correct answer is one of the following 4 choices:
File as a Partnership
File as Qualified Joint Venture
File as a C-Corporation
File as an S-Corp
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