Your client, a wealthy physician in the top marginal rate bracket, is interested in investing in a business where he would be the sole owner. The business is expected to have losses in the first few years before it is profitable. However, your client does want limited liability protection. Of the following business forms, which would make the most sense here? Limited liability partnership S corporation Sole proprietorship C corporation

Your client, a wealthy physician in the top marginal rate bracket, is interested in investing in a business where he would be the sole owner. The business is expected to have losses in the first few years before it is profitable. However, your client does want limited liability protection. Of the following business forms, which would make the most sense here? Limited liability partnership S corporation Sole proprietorship C corporation