answer the questions 1 by 1.
What is a sole proprietorship and how is it taxed?
Define the term “limited liability”.
List the advantages of an “S” corporation
Define the “progressive” tax
Define the “fair” tax
Define the “flat tax”
Which of the three tax structures (questions 4,5,6) do you prefer and why
What is the highest federal marginal tax rate for individual income tax payers?
How do tax deductions and tax credits differ?
Give an example of a current tax deduction and a current tax credit.
If someone gave you $1,000 what stock investing strategy would you pursue in order to maximize your return on investment? (100 words at least)
