Series 7: 14.2.7. Corporate Accounts

Taken from our Series 7 Online Guide

14.2.7. Corporate Accounts

A corporation is a legal entity separate from its ownership. As a separate legal entity, the corporation is considered a “person” from the perspective of the tax laws. Corporations can sue and be sued, hire and fire employees, enter into contracts, incur debt, and pay taxes.

In order to open an account wi

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