A colleague has asked you for recommendations on their client, the LLC described in the scenario. Consider

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Question:

A colleague has asked you for recommendations on their client, the LLC described in the scenario. Consider the scenario again, then compose an intracompany email to your colleague, who is struggling with ideas to present to this client. 1. Discuss any tax issues the owners should consider regarding the LLC's initial year of operations. Include the following in your response: a. Partnership and partners basis in the LLC b. Equal interests among the three founders c. Tax filing requirements 2. Explain two federal tax incentives you recommend for this LLC. Consider the following in your response:

a. The timeline of formation of the company

b. The type of company

c. Any hiring that may have taken place