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When a manager must consider opposing pressures from different sources, the manager faces
LLC
Limited Liability Company, a flexible form of enterprise that blends elements of partnership and corporate structures, providing limited liability to its owners.
Business Tax Return
The documentation filed to report a business's income, expenses, and other tax information to government tax authorities.
Form 1040 Schedule C
A tax form used by sole proprietors to report business income and expenses to the IRS.
Form 1120
A tax form used by corporations in the United States to report their income, gains, losses, deductions, and credits to the Internal Revenue Service.
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