Question: write a letter to joe explaining how the organitional form of business affect each of the items. in the four bullet above. thank you. here

 write a letter to joe explaining how the organitional form of
write a letter to joe explaining how the organitional form of business affect each of the items. in the four bullet above.
thank you.
here is the question.
your recommendation based on the bullet point bellow
thank you business affect each of the items. in the four bullet above. thank

Question 1: Kevin, Nick, and Joe are brothers who have decided to form an engineering firm. Joe has an MBA degree and will function primarily as the firm's financial expert, but he has no formal tax knowledge as his program did not require a course in taxation. Kevin and Nick are bringing clients from their former firm, but Joe anticipates that the new firm's client base will not be large enough to avoid a tax loss for 3 years. After year 3, the firm's profits should increase rapidly. By year 6, he anticipates that the firm will generate a substantial profit and employ 24 people. Because Joe is unsure whether the firm should operate as an Scorporation, partnership, or corporation, he has hired your accounting firm to guide him. Joe is particularly concerned with how the form of organization would affect the: Pension plan the firm will adopt Firm's ability to compensate current owners and employees and attract new owners or employees Total tax liability of the owners Firm's ability to distribute cash and/or property . 1.1 Write a letter to Joe explaining how the organizational form of the business affects each of the items he has mentioned. You might find it useful to organize the material in a table, but be sure to provide enough context in the rest of the letter so that the table makes sense. Pension plan the firm will adopt Firm's ability to compensate current owners and employees and attract new owners or employees Total tax liability of the owners Firm's ability to distribute cash and/or property . . 1.1 Write a letter to Joe explaining how the organizational form of the business affects each of the items he has mentioned. You might find it useful to organize the material in a table, but be sure to provide enough context in the rest of the letter so that the table makes sense. Question 1: Kevin, Nick, and Joe are brothers who have decided to form an engineering firm. Joe has an MBA degree and will function primarily as the firm's financial expert, but he has no formal tax knowledge as his program did not require a course in taxation. Kevin and Nick are bringing clients from their former firm, but Joe anticipates that the new firm's client base will not be large enough to avoid a tax loss for 3 years. After year 3, the firm's profits should increase rapidly. By year 6, he anticipates that the firm will generate a substantial profit and employ 24 people. Because Joe is unsure whether the firm should operate as an Scorporation, partnership, or corporation, he has hired your accounting firm to guide him. Joe is particularly concerned with how the form of organization would affect the: Pension plan the firm will adopt Firm's ability to compensate current owners and employees and attract new owners or employees Total tax liability of the owners Firm's ability to distribute cash and/or property . 1.1 Write a letter to Joe explaining how the organizational form of the business affects each of the items he has mentioned. You might find it useful to organize the material in a table, but be sure to provide enough context in the rest of the letter so that the table makes sense. Pension plan the firm will adopt Firm's ability to compensate current owners and employees and attract new owners or employees Total tax liability of the owners Firm's ability to distribute cash and/or property . . 1.1 Write a letter to Joe explaining how the organizational form of the business affects each of the items he has mentioned. You might find it useful to organize the material in a table, but be sure to provide enough context in the rest of the letter so that the table makes sense

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