Question: 8 Multiple Choice 1 0 points What is the primary advantage of choosing an S Corporation over other business structures, particularly when profits exceed a

8
Multiple Choice
10 points
What is the primary advantage of choosing an S Corporation over other business structures, particularly when profits exceed a certain threshold?
It offers the most comprehensive limited liability protection.
It allows for multiple owners with flexible management structures.
It can significantly reduce self-employment taxes by avoiding double taxation.
It simplifies administrative requirements and reduces reporting obligations.
8 Multiple Choice 1 0 points What is the primary

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