A status may be divided into two types: ascribed status and achieved or earned status. Ascribed Status: The status which is given to an individual on the basis of the situation in the society or by other members of the society is called ascribed status. Such a status may be given by birth or by placement in a social group.
http://www.yourarticlelibrary.com/sociology/social-status-the-meaning-types-essential-elements-and-characteristics-of-social-status/8553/
1 The limitation is that it does not provide the liability protection and tax advantages of incorporating. 2  A DBA filing does not change the official name of the corporation or LLC. 3  It only allows the business to use a different name in trade, which can be in addition to or instead of the official corporate or LLC name.
http://www.bizfilings.com/learn/compare-company-types.aspx
The Income Classes The Upper Class At the top of the income classes is the upper class, also known as the 1% or as the 5% because this class makes up about 1-to-5% of the entire American population. However, some sources state that as much as 15% of the American population could fall into the upper class.
http://www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx
Many people aren't sure which income class that they specifically fall under. Although the vast majority will fall under the middle income class, many studies and scholars actually break up the middle class into three different categories, and some even say there are four.
http://www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx
1 If you are the only owner of an LLC, you are viewed as a “disregarded” entity. 2  This means you report the LLC’s income and expenses on Schedule C of Form 1040─the same schedule used by sole proprietors.
http://www.bizfilings.com/learn/compare-company-types.aspx
Advantages & limitations. 1  For sole proprietorships and general partnerships, the advantage of filing a DBA is that it does not provide the same ongoing compliance requirements of incorporating or forming an LLC. 2  A DBA filing does not change the official name of the corporation or LLC.
http://www.bizfilings.com/learn/compare-company-types.aspx
1 Another business type that is formed under state law and gives you personal liability protection is the LLC. 2  Tax-wise, an LLC is similar to an S corporation (or S corp), with business income and expenses reported on your personal tax return. 3  If you are the only owner of an LLC, you are viewed as a “disregarded” entity.
http://www.bizfilings.com/learn/compare-company-types.aspx
They are also usually paid by the hour, and have a variety of jobs, including: police officer, truck driver and factory worker. Salaries in this class fall between lower middle class and the poverty level, with a range of $23,050 to $32,500.
http://www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx
The Median The median income amount is the amount that divides the U.S. incomes in half, with the median income being $50,054. Approximately half of Americans will fall below this household income amount, and the other half will fall above.
http://www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx
1 Limited liability company (LLC). 2  Another business type that is formed under state law and gives you personal liability protection is the LLC. 3  Tax-wise, an LLC is similar to an S corporation (or S corp), with business income and expenses reported on your personal tax return.
http://www.bizfilings.com/learn/compare-company-types.aspx
different types of status income
The different types of status income are ascribed status, achieved or earned status. Ascribed status and achieved or earned status are different types of status income.