Question

-Limited liability company

(LLCs are generally treated similar to partnerships, and income and losses flow through.)
-S Corporation
-Limited partnership
(A limited partnership possesses the same flow-through status as a general partnership.)

Answer 1

A limited liability company (LLC), S corporation, and limited partnership are business structures that offer flow-through taxation and other advantages to their owners.

Step-by-step explanation:

A limited liability company (LLC), S corporation, and limited partnership are all business structures that provide certain benefits and advantages to their owners. These structures are often chosen for their flow-through status, which means that the income and losses of the business flow through to the owners for tax purposes.

LLCs are generally treated similar to partnerships, allowing for flexibility in management and protection of personal assets. S corporations are a type of corporation that elects to be treated as a pass-through entity for tax purposes. Limited partnerships have the same flow-through status as general partnerships, but provide limited liability to some partners.