Which of the following business structures is the most complicated and expensive quizlet?

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Which business structure is the most complicated and expensive?
What form of business is generally most costly to set up?
What are the 4 types of business structures quizlet?
Which form of business is generally most costly to set up a sole proprietorship B partnership C Corporation?

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A limited liability company is a hybrid type of legal structure that provides the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership.

The "owners" of an LLC are referred to as "members." Depending on the state, the members can consist of a single individual (one owner), two or more individuals, corporations or other LLCs.

Unlike shareholders in a corporation, LLCs are not taxed as a separate business entity. Instead, all profits and losses are "passed through" the business to each member of the LLC. LLC members report profits and losses on their personal federal tax returns, just like the owners of a partnership would.

Which business structure is the most complicated and expensive?

A business corporation is the most complex form of business organization..

It is the most expensive to form..

It is the most complex to operate..

What form of business is generally most costly to set up?

Corporations are costly and time-consuming ventures to start and operate. Incorporating requires start-up, operating, and tax costs that most other structures do not. Double Taxing. In some cases, corporations are taxed twice: 1) when the company makes a profit and 2) when dividends are paid to shareholders.

What are the 4 types of business structures quizlet?

Partnership..

Sole partnership..

Limited liability corporation..

Coroporation..

Which form of business is generally most costly to set up a sole proprietorship B partnership C Corporation?

It is more costly to set up and maintain than a sole proprietorship or partnership. The corporation must create bylaws (i.e., how the corporation will operate) that cover items such as stockholder and director meetings, the number of officers, and their responsibilities.