Multiple Choice
If you were seeking an entity with the most favorable tax treatment regarding (1) the number of owners allowed, (2) the flexibility to select your accounting period, and (3) the availability of preferential capital gains rates when selling your ownership interest, which entity should you decide to use?
A) C corporation.
B) S corporation.
C) Partnership.
D) Sole proprietorship.
Correct Answer:
Verified
Correct Answer:
Verified
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