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    Federal Taxation
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    Exam 11: Partnerships: Distributions, Transfer of Interests, and Terminations
  5. Question
    Your Client Has Operated a Sole Proprietorship for Several Years
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Your Client Has Operated a Sole Proprietorship for Several Years

Question 79

Question 79

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Your client has operated a sole proprietorship for several years, and is now interested in raising capital for expansion. He is considering forming either a C corporation or an LLC.
Your client has operated a sole proprietorship for several years, and is now interested in raising capital for expansion. He is considering forming either a C corporation or an LLC.

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