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Author Question: What is a Subchapter S corporation? What will be an ideal response?[br][br][b][color=red]Question ... (Read 71 times)

fagboi

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on: Jul 6, 2018
What is a Subchapter S corporation?
 
  What will be an ideal response?

Question 2

Which of the following would be a start-up cost for an internet business?
 
  A) Computers
  B) A URL
  C) Licenses
  D) All of the above
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hanadaa

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Reply #1 on: Jul 6, 2018
Answer to Question 1

This type of corporation has a limit of 100 stockholders. It offers most of the limited-liability protection of the C corporation, but Subchapter S corporate income is only taxed once, as the personal income of the owners.

Answer to Question 2

D


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