Question
You begin a business with your friend, what is not options for how your business will be taxed. Business can elect to be taxed as
You begin a business with your friend, what is not options for how your business will be taxed.
Business can elect to be taxed as a Partnership. | |
Owners can choose to split the profits on their own tax return on Schedule C. | |
Business can elect to be taxed as a S-corporation. | |
Business can elect to be taxed as a C-corporation. |
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The Legal Environment of Business A Critical Thinking Approach
Authors: Nancy K. Kubasek, Bartley A. Brennan, M. Neil Browne
8th edition
134074033, 978-0134074030
