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What Legal Form Of Organization Are Small Businesses? |
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Answer» Sole proprietors and partnerships constituted 94 percent of nonemployers in 2011 and of the corporations, most were LIKELY S corporations which are TAXED at personal RATES. Twenty-one percent of small employers were C corporations in 2010, with 72 percent taxed at personal rates and 7 percent nonprofits. Sole proprietors and partnerships constituted 94 percent of nonemployers in 2011 and of the corporations, most were likely S corporations which are taxed at personal rates. Twenty-one percent of small employers were C corporations in 2010, with 72 percent taxed at personal rates and 7 percent nonprofits. |
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