Would Davidson Masonry automatically be taxed as a partnership or a corporation?

Davidson Masonry's tax classification depends on its legal structure. If it is organized as a partnership, it would generally be taxed as a partnership, meaning the income would pass through to the individual partners and be reported on their personal tax returns. Conversely, if it is incorporated as a corporation, it would be taxed at the corporate level. The specific tax treatment would ultimately depend on the entity's formation and election with the IRS.