Question: Robert is interested in creating a new entity for his expanding brew pub. Robert knows that he will need investors in order to make the
Robert is interested in creating a new entity for his expanding brew pub. Robert knows that he will need investors in order to make the business successful, however he knows that he does not want too many investors -- less than fifty investors is what Robert considers ideal. Explain the advantages and disadvantages of an S corporation for Robert's venture.
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Advantages of an S Corporation 1 PassThrough Taxation Explanation An S corporation allows income deductions and tax credits to pass through to shareholders The corporation itself isnt taxed at the cor... View full answer
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