Comparing Business Entity Types
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YouTubeEdspira
Comparing Business Entity Types
This video compares the following business entity types: 1. Sole proprietorship 2. Partnership 3. S corporation 4. C corporation 5. LLC A sole proprietorship is easy to form and allows the owner to deduct losses of the business. However, the owner is personally liable for debts of the business and is subject to self-employment tax on the ...
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