Question: 8 8 . 0 % complete Question Brandy and Georgia are starting a new clothing outlet where they will be the only owners. They would

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Brandy and Georgia are starting a new clothing outlet where they will be the only owners. They would like to have limited liability, but would still like flow

-

through taxation since they expect to have losses in the first few years during the set up of their commercial space.

They are not concerned about incurring self

-

employment taxes.

Which of the following entities would best suit their needs?

.

Partnership

.

corporation

.

Proprietorship

.

LLC taxed as a partnership

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