Please answer the following questions as soon as possible.

Compare and contrast the tax rules and treatment applicable to those three forms of organization and the major way in which the tax treatment affects the shareholders or partners.

Explain at least two reasons why a business owner might opt for one form of organization over another. Provide support for your rationale.

Identify two sources of tax guidance (e.g. IRS code, Revenue Procedure) for each form of organization and how it defines a component of the tax policy for that form of organization.

Research an organization by identifying its entity type (corporation, s-corporation, or partnership) and describe how that organizations tax methods are detailed in their financial reports any company of your choice.