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which is a disadvantage of s corporations? they have high taxation rate…

Question

which is a disadvantage of s corporations? they have high taxation rates they are subject to double - taxation there are very strict qualification requirements for becoming an s corporation there is a limited number of allowed s corporations

Explanation:

Brief Explanations

S - corporations have strict requirements to qualify, such as limitations on the number and type of shareholders. They avoid double - taxation and don't have high tax rates compared to some other entities, and there's no limit on the number of S - corporations allowed.

Answer:

There are very strict qualification requirements for becoming an S corporation