Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. one disadvantage of an llc is that the partnership

One disadvantage of an LLC is that the Partnership is taxed, and then the partners...

50.1K

Verified Solution

Question

Accounting

One disadvantage of an LLC is that the Partnership is taxed, and then the partners are also taxed.

True or False

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Civil Engineering
1.2K views

You are overseeing the plans for construction of a new highway. Someone proposes using cheaper, substandard materials...

Basic Math
1.2K views

The director of the IRS has been flooded with complaints that people must wait more than...

Physics
1.2K views

2 Consider the following two statements a The binding energy per nucleon is practically independent...

Basic Math
1.2K views

In a recent survey, 65% of those surveyed were in favor of a local school...

Statistics
1.2K views

cire lifetimes is lifetimes is tee thousand miles thousand miles thousand miles X X X...

Calculus
1.2K views

For the function f x y af 9 D1 7 2 x 6y of find...

Accounting
1.2K views

Pique Corporation wants to purchase a new machine for $300,000. Management predicts that the machine...

Accounting
1.2K views

Product A has a sales price of $16 per unit. Based on a 13,000-unit production...

Accounting
1.2K views

Farrow Company reports the following annual results. Per Unit $ 15.00 Annual Total $ 3,300,000...

Accounting
1.2K views

Problem 17-12 The treasurer of Splish Co. has read on the Internet that the stock...

Accounting
1.2K views

Ivan runs a small independent movie theatre in Scarborough, which presently attracts 1,300 customers per...

Accounting
1.2K views

Cules de estos tipos de asientos se consideran automticos en General Ledger? (Elija dos opciones)...