What are the advantages of a limited liability company compared to an S corporation?
Question:
What are the advantages of a limited liability company compared to an S corporation?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
The business advantage of both the limited liability company and the S corporation i...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts
ISBN: 1389
41st Edition
Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
Question Posted:
Students also viewed these Business Law questions
-
What are the advantages of a limited partnership form of ownership?
-
Describe the major taxation advantages of a limited liability company and a subchapter S corporation over a regular corporation.
-
What are the advantages and disadvantages of a limited liability company?
-
On January 15, Tundra Co. sold merchandise to customers for cash of $42,000 (cost $28,500). Merchandise costing $10,500 was sold to customers for $15,800 on January 17; terms 2/10, n/30. Sales...
-
Discuss steps you can take to safeguard your personal information.
-
The Geoscience attitudes.sav data set asks students about their attitudes toward the geosciences (archaeology, geography, and geology). The data set has 13 attitude items and 137 respondents. Examine...
-
Comment on the following: An information system is a product.
-
Was Jay Cohens conviction justified?
-
Anne Askew s interrogations and execution occurred in the reign of which monarch? Why is that detail significant or surprising?
-
An apparel company wants to popularize its products by contacting its prospective customers. The company sets a target of contacting at least 500 men, 400 women, 300 children, and 420 schools. The...
-
Using the legend provided, indicate whether the following items cause the particular tax to increase. Assume the taxpayer is already subject to these taxes. Legend SE = Self-employment tax M =...
-
Sabrina is going to contribute an SUV to her wholly owned business. Shepur chased the SUV three years ago for $58,000 and used it exclusively for personal purposes during this period. The fair market...
-
The adjusted trial balance of Reid and Campbell Ltd. at December 31, 2014, appears below. Requirements 1. Prepare Reid and Campbell Ltd.'s 2014 income statement, statement of retained earnings, and...
-
You are in charge of a medium-large size organisation in an industry of your choice. Select an ineffective/inefficient decision-making process at either a strategic, tactical or operational level,...
-
Should social media platforms like Facebook maintain the practice of granting access to user data to third parties, including individual researchers or companies like Cambridge Analytica, using APIs...
-
Project management has become an increasingly important aspect of the survival of modern businesses, not only in the manufacturing sector but also in the services sector. The problem is, however,...
-
A2Z Property Management has decided to sell the building at their current location and downsize to a new location based on the reality that most employees will now work remotely, occasionally being...
-
For this assignment, youwill examine the strategy of how to professionally purchase a car and minimize the more powerful party's strengths, while maximizing your own opportunities. In this case, you...
-
Point Z (not shown) lies inside the circle with center P and radius 2 (also not shown). Quantity A is greater. Quantity B is greater. The two quantities are equal. The relationship cannot be...
-
Show that, given a maximum flow in a network with m edges, a minimum cut of N can be computed in O(m) time.
-
Which theory discussed in the chapter would enable a court to hold Hanousek criminally liable for violating the statute regardless of whether he participated in, directed, or even knew about the...
-
Could the quarrys backhoe operator who punctured the pipeline also be charged with a crime in this situation? Explain. Edward Hanousek worked for Pacific & Arctic Railway and Navigation Company (P&A)...
-
Suppose that at trial, Hanousek argued that he could not be convicted because he was not aware of the requirements of the CWA. Would this defense be successful? Why or why not? Edward Hanousek worked...
-
The table shows the numbers (in thousands) of alternative-fueled vehicles A in use in the United States from 1995 to 2011. (Source: U.S. Energy Information Administration) DATA Year Number of...
-
Two small electrified objects A and B are separated by 0.03 m, and repel each other with a force of 4.0x10^-5 N. If we move body A an additional 0.03 m away, what is the electric force now?
-
(a) Let ACS CR, and c A be a point. Suppose f: S R is continuous at c. Prove that the restriction f| is continuous at c. (b) Find an example of a function f : S R and a subset AC S such that | is...
Study smarter with the SolutionInn App