Mrs. K is about to begin a new business activity and asks you if she can reduce

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Mrs. K is about to begin a new business activity and asks you if she can reduce taxable income by operating the activity as a corporation rather than as a sole proprietorship. How do you answer Mrs. K?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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