have learned different forms of business ownerships, including sole proprietorships, partnerships, corporations, S corporations, and Limited Liability Company. And the article, “Tax Increase Would Hit Few Small Businesses”, (it is from New York Times business section, published on September 18, 2010) is about increasing tax affects these types of businesses. According to the article, 80 percent of America’s 32 million businesses are sole proprietorships. Sole proprietorship is the simplest form…
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