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S Corporation Taxes As Widget's corporate tax and financial analyst, you will need to have a clear understanding of the tax advantages and disadvantages of the S corporation form of business and the risks associated with being a domestic firm. Discuss the advantages and disadvantages of being an S corporation as it relates to taxes and the impact on shareholders. Submit your answers in a 3- to 4-page Microsoft Word document. Support your responses with examples. Cite any sources in APA format