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Which of the following descriptions of T cells is true ?
Flow-Through Entities
Business entities that pass income directly to owners or investors, avoiding corporate income tax.
LLCs
Limited Liability Companies, a flexible form of enterprise that blends elements of partnership and corporate structures.
S Corporations
A type of corporation that meets specific IRS requirements, allowing income and losses to be passed through to shareholders and taxed at individual rates.
Royalty Income
Income received from property rights, such as patents, copyrighted works, or mineral rights, often derived from the outcome of one's intellectual property.
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