Page 4 - BUSINESS ENTITIES
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CHOOSE

                                                                                                       Wisely







































          BUSINESS




          ENTITY - Partnership





          TAX ADVANTAGES                                        Tax Disadvantages

                                                                   -   Partnership taxation is highly
             -   ONE LAYER OF TAXATION
             -   QBI DEDUCTION                                         com plex
             -   FLEXIBILITY IN ALLOCATION OF                      -   Distributive share of general
                 INCOME, GAINS, LOSSES AND SO
                                                                       partners subject to SE tax
                 ON
             -   DISTRIBUTIVE SHARE OF LIMITED                     -   Many fringe benefits not
                 PARTNERS NO SUBJECT TO SE                             deductible for partners
                 TAX




          Call us now: +1 (469) 910-7213                                                       5208 Troupe Rd

          https://lentcpa.com                                                           McKinney, TX 75071
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