{"id":11703,"date":"2021-07-06T04:38:39","date_gmt":"2021-07-06T04:38:39","guid":{"rendered":"https:\/\/papersspot.com\/blog\/2021\/07\/06\/please-answer-thr-following-question-belowtwo-new-businesses-business-1-with-two-owners-and\/"},"modified":"2021-07-06T04:38:39","modified_gmt":"2021-07-06T04:38:39","slug":"please-answer-thr-following-question-belowtwo-new-businesses-business-1-with-two-owners-and","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2021\/07\/06\/please-answer-thr-following-question-belowtwo-new-businesses-business-1-with-two-owners-and\/","title":{"rendered":"please answer thr following question below,Two new businesses, Business 1 with two owners, and"},"content":{"rendered":"<p>please answer thr following question below, <br \/> Two new businesses, Business 1 with two owners, and Business 2 with one owner; they need your advice on the type of business entity that provides the most tax advantages. Business entities are sole proprietorship, a partnership, a C corporation, and S corporation. <br \/>Business 1 expects yearly sales of $1,000,000 and net income of $400,000. <br \/>Business 2 expects yearly sales of $200,000 and net income of $60,000 <\/p>\n<p> Requirement:\u00a0based on the above information, what type of legal entity would you recommend to each owner? Explain why <\/p>\n","protected":false},"excerpt":{"rendered":"<p>please answer thr following question below, Two new businesses, Business 1 with two owners, and Business 2 with one owner; they need your advice on the type of business entity that provides the most tax advantages. Business entities are sole proprietorship, a partnership, a C corporation, and S corporation. Business 1 expects yearly sales of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[16],"class_list":["post-11703","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing","tag-accounting"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/11703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=11703"}],"version-history":[{"count":0,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/11703\/revisions"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=11703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=11703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=11703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}