Question

To raise capital, Anna Moreno and Talia Black plan to sell stock to between 108 and 200 investors. They also want to avoid double taxation. Which type of business ownership would you recommend

Answer 1

S-corporation business ownership

What is S-corporation?

S corporations are the corporations that elect to pass corporate income, losses,or deductions, and credits through to their shareholders for federal of taxes purposes.

Shareholders of S corporations report the flow through of the income and losses on their personal tax returns and are assessed tax at their individual income tax rates.

Learn more about S corporations here

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