Lesson Fifteen: Corporations, Hybrids, and Nonprofits

What kind of business do you want to be?

  • Regular Corporation- (C Corp) (many owners, limited liability, double taxation)
  • S Corporation (many owners, limited liability, single taxation)
  • Limited Liability Company (many owners, limited liability, single taxation)
  • Nonprofit (501 c 3) (no owners, but an executive management team; no taxation)

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