- NY Credits : 1.0
- TX Credits : 1.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 1.0
Checkpoint Learning
Course Detail
A proprietorship is a trade or business owned by one individual. The simplicity with which a sole proprietorship is formed and dissolved is its primary advantage over other business forms; however, it offers no protection to the owner for business liabilities. This course introduces proprietorships by exploring definitions, characteristics, nontax considerations, and tax advantages of operating as a proprietorship.
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