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Patty Bennett has an unincorporated business that produces just enough income to meet her personal consumption needs. She anticipates that its income will exceed her

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Patty Bennett has an unincorporated business that produces just enough income to meet her personal consumption needs. She anticipates that its income will exceed her consumption needs in the foreseeable future. Will she save taxes by incorporating? Will she defer taxes by incorporating? Explain your conclusions. (Short Answer)

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