Multiple Choice
Owners of which of the following entity types could potentially increase their after-tax cash flow from the entity by reducing the compensation they receive in order to increase the amount of business income that flows-through to them from the entity?
A) Sole-proprietorship.
B) Entity taxed as a partnership.
C) S corporation.
D) "Entity taxed as a partnership" and "S corporation".
Correct Answer:
Verified
Correct Answer:
Verified
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