- Study guides, Class notes & Summaries

Of the following who is required to be licensed by the Maryland Home Improvement Commission? A. A vendor providing home improvement supplies and performing their installation. B. An architect providing designs to a home improvement contracting business. C. The accountant of a home improvement contracting business. D. A successful telephone solicitor for a home improvement contracting business. Points 1 / 1 A. A vendor providing home improvement supplies and performing their installa...

Business Types not Required to have EIN # -sole proprietorships with no employees -LLCs with single owner S corporation a business entity that meets certain requirements to be able to inherit the protective benefits of being a corporation, but be taxed as a partnership. - must be domestically incorporated - must have only a single type of stock and less than 100 shareholders. - shareholder distributions are taxed on the individual shareholder tax returns - it can pass these incomes to ...