What Does These Term Refere To

question 15

Multiple Choice

What does these term refere to:
-Action cutting

• A)matching an action
• B)removing an action
• C)stopping an action
• D)none of the above

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Definitions:

S Corporation

A special designation that allows corporations to pass income, losses, deductions, and credits through to their shareholders for federal tax purposes.

C Corporation

A legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity.

Limited Liability Companies

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Wyoming

A state in the western United States known for its wide-open spaces, mountains, and natural beauty, as well as being the least populous state.