This week's discussion topic comes from chapter three of the textbook, Entrepreneurial Finance. Read the chapter--it is not difficult, if you want to intelligently contribute to this discussion. Describe the major taxation advantages of a limited liability company and subchapter S corporation over a regular corporation? In other words, why would you legally want to set up your business as a S corp. or LLC instead of a regular corporation? How your business is legally set up can change over time, so let's assume that we are talking about your small business idea. This week, you DO NOT have to leave any comments on anyone else's posts