LLC members have more flexibility than corporate shareholders to alter their legal arrangements with respect to one another, the entity, and with outsiders.
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Q9: S corporations have more restrictive ownership requirements
Q10: Sole proprietorships that are not organized as
Q11: Shareholders of C corporations receiving property distributions
Q12: Limited partnerships are legally formed by filing
Q13: Unincorporated entities are typically treated as flow-through
Q15: In certain circumstances, C corporation shareholders can
Q16: For tax purposes, only unincorporated entities can
Q17: An unincorporated entity with more than one
Q18: Both tax and nontax objectives should be
Q19: Losses from C corporations are never available
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