Question

One attractive alternative to the corporation for a small business is the​ __________ because it combines the tax benefits of a partnership with the limited liability of a corporation.

Answer 1

Limited liability company

Step-by-step explanation:

A limited liability company combines both the features of a partnership and a corporation.

The feature of a partnership a llc incorporates is the tax Benefits. The llc profits is taxed once, corporate profits aren't taxed.

The feature of a corporation a llc incorporates is its limited liability. The liability of members is limited to the amount invested in the company.

I hope my answer helps you