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In recent years, a number of pooled ownership structures have emerged that have changed the analysis of ownership form selection for many investors. Which of the following ownership structures is generally used for small, local investments that are marketed to accredited, but non-institutional investors?
Self-Employment Taxes
Taxes paid by individuals who work for themselves, covering Social Security and Medicare contributions.
Net Earnings
The amount of income left after subtracting all expenses, taxes, and costs from the total revenue.
FUTA Taxes
Federal Unemployment Tax Act taxes are paid by employers to fund the unemployment account of the federal government.
Taxpayer
A taxpayer is any person or entity that is obliged to pay taxes to a federal, state, or local government.
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