which is a disadvantage of s corporations? they have high taxation rates there is a limited number of…

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

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

Answer

Answer:

There are very strict qualification requirements for becoming an S - corporation

Brief Explanation:

S - corporations have strict rules like number of shareholders, type of shareholders etc. High tax rates aren't typical for S - corps as they are pass - through entities. There's no limit on number of S - corps. And they avoid double - taxation.