Question: For this final reflective assignment, consider that you have been asked to consult with a group of prospective (novice) investors. The investors are Nora Smith
For this final reflective assignment, consider that you have been asked to consult with a group of prospective (novice) investors. The investors are Nora Smith from New York City, Francois DeMieu from Montreal, Rolando DeLeon who recently emigrated from Buenos Aires; the three investors have limited knowledge about federal taxation consequences related to business conversions. The investors have set an appointment with you to learn about these issues before completing their business plan. The primary service for the business will be virtual reality applications for employee training.
Create a presentation to demonstrate your knowledge of:
- Entity types and differences in tax treatments.
- The consequences of converting from an LLC to an S-corporation.
- The consequences of converting from a C-corporation to pass-through entity.
- Include your conclusions and recommendations for the investors.
Length: PowerPoint presentation or Kaltura Video, 10-12 slides. Include speaker notes or submit a separate document containing the speaker notes.
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