If you run ACME as sole proprietorship S-corp in the US, you are also on the hoo...

s1artibartfast 8 months ago | parent | context | favorite | on: The Basque Country’s Mondragón Corporation is the ...

If you run ACME as sole proprietorship S-corp in the US, you are also on the hook for the losses. If you spend 9K but spent 10k, you have 1K less in your bank at the end of the year.