Teresa has recently obtained her coaching certification after completing $100$ hours of

general partner

life$-$skills coaching classes and a written test. She has opened a small coaching business

that is online. She coaches young adults in personality development, confidence, and

assertiveness. She charges $$75$ for the first two hours of coaching and $$45$ per hour

after that. She currently has seven clients.

Teresa is most likely operating as a

A C corporation

must have a board of directors, corporate officers, annual meetings,

and annual reporting

is not a separate taxable entity

does not exist apart from its owners and founders

need not file incorporation paperwork

A C corporation

must have a board of directors, corporate officers, annual meetings,

and annual reporting

is not a separate taxable entity

does not exist apart from its owners and founders

need not file incorporation paperwork