Select two of the advantages identified in the video and explain how the identified advantages are more beneficial in an S Corporation than other forms of business.

Week 5 extra credit

EXTRA CREDIT

“S Corporation Advantages” Please respond to the following:

Review the YouTube video below and respond to the following question.  The video identifies tax deductible expenses, lower audit risk, limited liability protection, easy transfer of ownership, credibility, self-employment tax savings and pass-through taxation as S Corporation advantages. Select two of the advantages identified in the video and explain how the identified advantages are more beneficial in an S Corporation than other forms of business.

S Corporation Advantages — 60 Second Business Tip

http://www.youtube.com/watch?v=ZnMcf53l2Ws

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