Overview:

Assume you are a tax practitioner, and Ms. Smith is your client. Ms. Smith, who is establishing her own law practice, needs advice about the tax implications of the various forms of business organization including sole proprietorship, partnership, and corporations (including S corporations). Ms. Smith wants you to explain the key tax advantages and disadvantages of each form of organization.

Instructions:

come up with a three-to-five-page paper on the different forms of business organizations. The paper should address the following:

• Define and summarize the sole proprietorship form of business organization 
• Define and summarize the partnership form of business organization 
• Define and summarize the C form of a corporation
• Define and summarize the S form of a corporation
• Compare and contrast the three different forms of business organizations.
• Identify at least three questions to ask Ms. Smith to help her decide which organizational form is preferable.

Requirements:

Your final project should include the following:

•  
• Microsoft Word document, three to five pages in length, with formatting and citations. 
•  
• Minimum of two credible resources.

Answer rating: 100% (QA)

Title Comparative Analysis of Business Organization Forms A Tax Perspective Introduction In establishing a law practice Ms Smith faces the crucial decision of selecting the most suitable form of busin... View the full answer