FIN/571 3 substantive post 175 WORDS EACH WK5

Respond to the following in a minimum of 175 words:

Discussion 1

Each type of business entity is affected by taxation. However, tax rates vary among the many different types of company structures, such as traditional C corporations, S Corporations, partnerships, and LLC. For example, corporations are generally taxed at higher tax rates than sole proprietors.

Respond to the following in a minimum of 175 words: 

· Explain the differences in taxing of four different types of organizations. 

· If you were going into business and had a choice of business structures to select from that would minimize your taxes, while yielding the highest profits, which would you choose and why? 

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

#2 will add later

#3 will add later