This paper circulates around the core theme of Construct a letter following the six (6) steps in the tax research process to demonstrate to your client whether selecting S corporation is more advantageous than other types of organizations that are available. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
You are a CPA and a new client who is starting a small retail
business with four other investors. The new client is convinced that an S
corporation is the best choice because a friend who is not a CPA
recommended it.
Using the Internet and Appendix A in your text, research the
advantages and disadvantages of selecting S Corporation status for tax
purposes. Write a formal letter to your client using Appendix A as a
guide.
Write a one to two (1-2) page letter in which you:
Construct a
letter following the six (6) steps in the tax research process to
demonstrate to your client whether selecting S corporation is more
advantageous than other types of organizations that are available.
Make
a recommendation to the client as to which choice of organization they
should choose and provide facts to support your recommendation.
Your assignment must follow these formatting requirements:
Be
typed, double-spaced, using Times New Roman font (size 12), with
one-inch margins on all sides; references must follow APA or
school-specific format. Check with your professor for any additional
instructions.
Include a cover page containing the title of the
assignment, the student’s name, the professor’s name, the course title,
and the date.
The specific course learning outcomes associated with this assignment are:
Analyze
tax issues regarding corporate formations, capital structures, income
tax, non-liquidating distributions, or other corporate levies.
Use technology and information resources to research issues in organizational tax research and planning.
Write clearly and concisely about organizational tax research and planning using proper writing mechanics.