The Owner of a Single-Person LLC Can Avoid Paying Self-Employment

question 34

True/False

The owner of a single-person LLC can avoid paying self-employment taxes by electing to have the LLC treated as a corporation.

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Definitions:

Intragroup Conflict

Conflict that arises among members within the same group, team, or organization.

Intergroup Conflict

Conflict that occurs between different groups, which could be based on differences in identity, beliefs, values, or interests.

Tension

A psychological or emotional strain, often resulting from conflicting demands or objectives.

Win-win Orientation

A negotiation and conflict resolution approach where all parties aim for a solution that benefits everyone involved.