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C Corporation
- The oldest form of business entity
- Provides limited liability protection
- Separate tax status from its owners
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S Corporation
- Specialized form of corporation
- Allows for "pass-through" taxation
- Excellent choice for all businesses |
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LLC
- Hybrid between corp. & partnership
- One of the most popular choices
- Allows for pass-through taxation |
Nonprofit Corporation
- Eligible for exemption from taxes
- May receive public and private grants
- Corporate limited liability protection
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