If you were starting a business, what tax considerations might cause you to prefer to set it
Question:
If you were starting a business, what tax considerations might cause you to prefer to set it up as a proprietorship or a partnership rather than as a corporation?
PartnershipA legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
If the business were organized as a partnership or a ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial management theory and practice
ISBN: 978-0324422696
12th Edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
Question Posted:
Students also viewed these Finance questions
-
If you were starting your own small business, what are the key marketing pitfalls you would try to avoid?
-
If you were starting a dispensary or farm, would you want to do your own in-house analytical testing or send it out to an external laboratory? In your response, estimate the costs of instrument...
-
If you were starting a new venture, do you think you would benefit from participating in a business incubator or accelerator program? If so, what do you think the primary benefits would be?
-
Mr. Shroff can use 360 feedback for all of the following purposes EXCEPT: Multiple Choice Job redesign Training program objectives Feedback and performance improvement Employee development Employee...
-
An aircraft component is fabricated from an aluminum alloy that has a plane strain fracture toughness of 40 MPa (36.4 ksi). It has been determined that fracture results at a stress of 300 MPa (43,500...
-
Organic Health Care Products Inc. expects to maintain the same inventories at the end of 2012 as at the beginning of the year. The total of all production costs for the year is therefore assumed to...
-
how researchers used confidence intervals to study Uber and traffic fatalities
-
The owner of Bun N Run Hamburgers wishes to compare the sales per day at two locations. The mean number sold for 10 randomly selected days at the Northside site was 83.55, and the standard deviation...
-
The accounts receivable clerk for Waddell Industries prepared the following partially completed aging of receivables schedule as of the end of business on August 31: 1 A B C D E F G 2 Days Past Due...
-
Redo Exercise 29 for the situation in which Ms. Jones withdrew $1000 at the end of the seventh year instead of depositing it. Data in Exercise 29 Ms. Jones deposited $100 at the end of each month for...
-
What is free cash flow? Why is it the most important measure of cash flow?
-
An investor recently purchased a corporate bond which yields 9 percent. The investor is in the 36 percent combined federal and state tax bracket. What is the bonds after-tax yield?
-
Let f(x) = x - 1 / x and g(x) = x2 + 1. Find each value. (a) (f + g) (2) (b) f g) (2) (c) (f g) (2) (d) (g f) (2) (e) f3 (- 1) (f) f2(2) + g2 (2)
-
Briefly explain the difference between a k-factor model and the capital asset pricing model
-
Refer to the cost data, Picture below. Take off the square feet of wall forms and cubic yards of ready mix concrete for the walls of the elevator pit. Determine the total material and labor cost for...
-
possible Submit quiz A researcher studies water clarity at the same location in a lake on the same dates during the course of a year and repeats the measurements on the same dates 5 years later. The...
-
A liquid hydrocarbon mixture was made by adding 295 kg of benzene, 289 kg of toluene and 287 kg of p-xylene. Assume there is no change of volume upon mixing, i.e., Vmix=0 , in order to determine: 1....
-
b) Maseru Development Bank has R850 million credit with Matsieng Hydroelectric Power, with a maturity of eighteen months. The expected loss for Maseru Development Bank is R22 million, and the...
-
Phishing attacks to e-mail accounts. Refer to the Chance (Summer 2007) study of an actual phishing attack against an organization, Exercise 6.36 (p. 330). Recall that phishing describes an attempt to...
-
Determine the annual percentage yield for a loan that charges a monthly interest rate of 1.5% and compounds the interest monthly.
-
Evaluate the integral. x 1 + x dx
-
You win a judgment in an auto accident for $100,000. You immediately receive $25,000 but must pay your lawyer's fee of $15,000. In addition, you will receive $2,500 a year for 20 years for a total of...
-
A $1,000,000 state lottery prize is spread evenly over 10 years ($100,000 a year), or you may take a lump distribution of $654,000. If you can earn 7 percent, which alternative is better?
-
You are considering investing in three stocks with the following expected returns: Stock A......... 7% Stock B......... 12 Stock C.......... 20 What is the expected return on the portfolio if an...
-
Clayton received a $140,000 distribution from his 401(k) account this year. Assuming Clayton's marginal tax rate is 25 percent, what is the total amount of tax and penalty Shauna will be required to...
-
Mass LLp developed software that helps farmers to plow their fiels in a mannyue sthat precvents erosion and maimizes the effoctiveness of irrigation. Suny dale paid a licesnsing fee of $23000 for a...
-
Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck Amount of investment $40,000 $50,000 Useful life...
Study smarter with the SolutionInn App