which flow-throughentity typewould you choose for a new business-partnership or S corporation?Compare the various legal, nontax, and tax characteristics of partnerships and S corporations specifically using the table at the end of Chapter 15and any other resources you use to formulate your response, as long as you document where you found your information.Consider flexibility, complexity, Section 199A, and ownership differences, among others. Does the recent tax reform legislation influence your decision?