Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

is a company's business type as identified by the Internal Revenue Service.
O Entity identification
O Company identification
Legal business structure
Legal type


Sagot :

Final answer:

The IRS identifies a company's business type through its legal structure, including sole proprietorship, partnership, corporation, and LLC.


Explanation:

One of the ways a company's business type is identified by the IRS is through the Legal business structure. This includes forms such as sole proprietorship, partnership, corporation, and Limited Liability Company (LLC). Each structure has different implications for taxes and liability.


Learn more about Types of Business Organizations here:

https://brainly.com/question/1430085


Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.