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Discuss the different types of taxes

Question 1: Discuss the different types of taxes. These types of taxes affect individuals and businesses.

Question 2: Keeping in mind how each business entity is taxed; what are the different types of business entities a taxpayer can choose?

Question 3: Explain the advantages and disadvantages of each type of business entity. Also, identify how a limited liability company is treated.

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Accounting Basics: Discuss the different types of taxes

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