First, read through the business structures information on the Internal Revenue Service (IRS) website. Then, in your initial post, compare and contrast the partnership business structure with your selection of the C corporation, S corporation, or LLC.

First, read through the business structures information on the Internal Revenue Service (IRS) website. Then, in your initial post, compare and contrast the partnership business structure with your selection of the C corporation, S corporation, or LLC. Discuss the pros and cons of each, and include an explanation of the tax advantages between them. Give an example of a type of company that should choose each business structure and explain why it is the best choice. You must include at least one scholarly source in addition to your textbook and the IRS website to support your post.

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