Page 3 - BUSINESS ENTITIES
P. 3
CHOOSE
Wisely
BUSINESS
ENTITY - Sole Proprietorship
TAX ADVANTAGES Tax Disadvantages
- ONE LAYER OF TAXATION - Net Incom e subject to
- QBI DEDUCTION self-em ploym ent (SE) tax
- FILING SIMPLICITY - - Fringe benefits generally
SCHEDULE C IS INCLUDED
not deductible
IN FORM 1040
Call us now: +1 (469) 910-7213 5208 Troupe Rd
https://lentcpa.com McKinney, TX 75071
