What difference in taxing of different types of organization

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Tax rates can often vary among the many different types of company structures for example, corporations are generally taxed at higher tax rates than sole proprietors.

Problem 1: Explain the differences in taxing of four different types of organizations; such as traditional C corporations, S Corporations, partnerships, and LLC. Which choice of business structures would minimize your taxes, while yielding the highest profits, which would you choose and why?

Reference no: EM132470910

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