For your final project, you will take on the role of a tax advisor and provide advice on business and investment strategies that will have positive tax implications for clients in the provided scenario and enable the clients to save money while accomplishing their business goals. Throughout the course, you will draft three memorandums providing critical strategy advice for three facets of decision making associated with business ownership: business formation decisions, business operation decisions, and business restructuring decisions.

For this first milestone, you will provide a recommendation on the appropriate form for the new business, called Tai$-$Ga$.$ You will briefly describe the general tax advantages and disadvantages for each of the options available to the clients for forming the business entity. Then, you will provide the details of your recommendation, supporting your choice by applying your interpretation of tax laws and regulations to the clients$$ business situation, goals, and expectations, and explaining the specific tax implications using calculations as appropriate.