Employment Taxes Apply to All Entity Forms of Operating a Business

question 13

True/False

Employment taxes apply to all entity forms of operating a business. As a result, employment taxes are a neutral factor in selecting the most tax effective form of operating a business.

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Definitions:

Cultural Influences

The effects that the customs, beliefs, practices, and social behavior of people within a specific culture have on their members' actions and perceptions.

Biological Influences

Factors related to genetics, brain chemistry, and physical health that affect an individual’s behavior and mental processes.