Rubber Balloons, Inc., is located in Birmingham, AL. Our business is in Denver. We ordered 100,000 pink balloons to be delivered on June 1. Again, they showed up the wrong color so we sent them back. As the truck was on its way back to Birmingham, it rolled over and the balloons ended upon the ocean. Who has to pay for the loss of the balloons?

I've decided to leave to start a business going to parties making balloon animals. I'm concerned about paying "double tax" on my new business. Can you please identify a way I can avoid this tax when choosing a CORPORATION as legal business entity and explain how I can meet the IRS's requirements? (