In 2012 ok company had a net loss of 82000 from operations., Ask an Expert

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In 2012, OK Company had a net loss of $82,000 from operations. Jane owns OK Company and works 20 hours a week in the business. She has a large amount of income from other sources and is in the 35% marginal tax bracket. Would Jane's tax situation be better if OK Company were a proprietorship or a C corporation? describe why.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M946104

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