will be marked the brainlist plz help

- Which business structure should they adopt for their new business and explain and state the costs and benefits of your advice.

Jayden, Andrew, and Mateo have been close friends since they met freshman year in college. They all graduated last year- Jayden with a degree in Computer Science, Andrew with a degree in Graphic Design, and Mateo with a degree in Business Administration. All three are computer whizzes and have worked part-time through high school and college fixing computer problems. Each has
approximately $50,000 in savings for this business venture. They have been talking about starting a computer company (JAM Computer Solutions) in their local town to help businesses and individuals with computer problems or those who need
help developing and designing websites. In doing research, Jayden found that there are only two other computer companies in their town of 100,000 people,
and neither one will do both web design and computer hardware/software troubleshooting.

A S corporation is a special type of corporation that avoids double taxation of regular C corporations. As S corps because profits and losses pass directly through the owners's personal income. This business structure implies the income of the owners are not subject to higher corporate tax rates.

Thus, by avoiding corporate tax rates, Jayden, Andrew, and Mateo will avoid double taxation and pay less in taxes, especially until the company develops fully.

Learn more about business structures at https://brainly.com/question/4250150