Examlex
In following the guidelines for effective self-disclosure,Casey should:
"S" Corporation
A type of corporation in the United States that meets specific Internal Revenue Code requirements, allowing profits to be taxed only at the shareholder level, not at the corporate level.
Legal Dissolution
The process of legally dissolving a corporation or partnership, effectively ending its existence.
Withdrawal
The act of removing funds from an account, or the act by an owner of taking assets out of a business for personal use.
Total Assets
The sum of all resources owned by a company having economic value, as reported on the balance sheet, including both current and long-term assets.
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