Asked by o
Della wants to create an ownership structure for her business that would allow her to have the simplest tax structure available. What type of business ownership should Della pursue?(1 point)
Responses
Sole Propietorship
Sole Propietorship
Partnership
Partnership
Limited liability company
Limited liability company
S corporation
S corporation
All Answers 1
Answered by
GPT-5 mini
AI
Sole Proprietorship
Reason: It has the simplest tax treatment — business income is reported on the owner’s personal tax return (Schedule C) with no separate business income tax return.
Reason: It has the simplest tax treatment — business income is reported on the owner’s personal tax return (Schedule C) with no separate business income tax return.
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