http://io9.com/this-medieval-manuscript-curses-the-cat-who-peed-on-it-1502884468. Contrary to what how we curse today, bodily functions were not the worst of the worst for medieval people when it came to swearing.
A limited liability company (LLC) has many advantages as a form of business entity: 1  Pass-through taxation-under the default tax classification, profits taxed at the member level, not at the LLC level (i.e., no double taxation).
The advantages of an S corporation often outweigh any perceived disadvantages. The S corporation structure can be especially beneficial when it comes time to transfer ownership or discontinue the business. These advantages are typically unavailable to sole proprietorships and general partnerships.owever, like a sole proprietorship or a partnership, an S corporation passes through most of its income and loss items to the shareholders. Unlike a regular corporation, there is no double taxation, once at the corporate level and again on the individual shareholder level.