It is at this time that the BandoneÃ³n was introduced as well. The milonga is considered by many historians to be the predecessor of the tango. It is an urbanized folk dance derived primarily from a fusion of the Cuban Habanera, the Mazurka, the Polka, the Brazilian Macumba and in particular the CandombÃ© and the Payada.
The following are some of the advantages that a corporation has over other forms of businesses, such as sole proprietorships and partnerships. Limited Liability. The main reason for forming a corporation is to limit the liability of the owners.
One possible tax advantage of an S Corp is pass-through taxation. Corporations can elect pass-through taxation by applying to the IRS for status as a Subchapter S Corporation. The S Corporation provides the same protection from personal liability as a C Corporation. However, owners of an S Corporation can report their share of profit and loss in the company on their individual tax returns. An S Corporation files IRS Form 1120s to report income. S Corporations have a number of restrictions. Most notably, only U.S. citizens or permanent residents may own an S Corporation.