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Business Types

   
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Title: Business Types
 
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Subject: Business
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Date: April 23, 2005
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Length: 3 / 608
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If the corporation distributes some of its earnings in the form of dividends, it does not deduct the dividend in computing its taxes, but the shareholder recipients must pay taxes on those dividends even though the corporation has paid taxes on its earnings...
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A corporation has some tax benefits such as deductibility of health insurance premiums.” (My Own Business, 2007). One advantage to starting a corporation is the ability to separate management from ownership; because shareholders are not thought of as owners in the law’s eye...
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