Answered You can buy a ready-made answer or pick a professional tutor to order an original one.
7-2 Final Project Milestone Three: Choice of Business Entity TAX 650 Milestone Three Guidelines and Rubric In this short paper, you will recommend a type of business entity for the client described in
7-2 Final Project Milestone Three: Choice of Business Entity
TAX 650 Milestone Three Guidelines and Rubric
In this short paper, you will recommend a type of business entity for the client described in the final project. In explaining your recommendation, discuss liability issues, tax effects, and the economic impact on the client’s personal returns. Justify your recommendation regarding whether the client’s daughter should have an ownership interest in the new company with details related to the transaction.
Specifically, the following critical elements must be addressed: ...
TAX 650 Final Project Guidelines and Rubric Overview The final project for this course is the creation of a memorandum with appendix (7–10 pages). As an associate working in a privately held enterprise or working with privately held clients, it is imperative to be able to advise clients on the tax implications of their financial investments. The ability to model the tax consequences of transactions and do cost benefit analysis is crucial. ...
A. Recommend a type of business entity for the client to consider based on your tax research. Consider justifying your recommendation using the code and regulations that relate to the business entity. B. Justify whether or not the client should choose a business entity that has limited liability protection. Be sure to include possible future liability issues based on the potential economic impact and appropriate Internal Revenue Code and Treasury regulations. C. Describe the tax effect on the recommended business entity and the impact it will have on the client’s personal tax return. Consider addressing how the business entity affects the completion of the 1040 tax form. D. Evaluate the economic impact on the client’s personal returns based on the recommended entity. Justify why the client would not choose the other business entities by informing the client of the differences. E. Justify your recommendation regarding the client’s daughter having an ownership interest. Provide details supporting the recommendation taking into consideration the jargon and mechanics of the transaction.
Guidelines for Submission: Your paper must be submitted as a 2–3-page Microsoft Word document with double spacing, 12-point Times New Roman font, oneinch margins, and at least three sources cited in APA format.
- @
- 165 orders completed
- ANSWER
-
Tutor has posted answer for $40.00. See answer's preview
********* **** Gross ****** ***** ******* Gains * ************** of *** *** expressed that ** needed ** *** *** money ********* ** *** 401 *** *** a car ******** ***************** to *** publication ** *** the pension *** ******** ****** is **** *** Rule of Chapter with *** ******************* ***** ******** * 600 in the **** ****** they **** not be ******* ** ***** ***** ******* ** *** possibilities ** decide *** **** amount you may *** up ****** ****** * ****** *** your ******** ** your *** ******** may end ** * ****** * ************** *** **** **** ** has * 9000000 ** *** groundAccording ** the *********** *** ***** *** other ****** have different ******* **** *** be considered by *********** *** risk ** ***** risk *** ********** *** ******** commercial ****** *********** **** subject and **** *** ******* that ** **** it: a Sale ** ***** *** *** **** *** part of *** ******* **** he ****** and uses *** new ******** ******** **** ***** ** ***** ** *** part ** the ***** *** ******* ******* ** *** ******** **** ** *********** *** the ******* **** ** additional *** ***** **** ** practically 50 ********* ** ****** to have * ****** ****** ** 401 (k)For example Bob ***** to **** all *** **** **** *** ***** ******* ********* You can ******** ****** *** ***** ** the ****** ** $ 5000000 *** *** ******** *** **** ** **** **** businessThis **** of ******** ** **** when *** ******** ** *** ******** are *** *********** ******** *** ******* **** be ********** ***** *** **** ****** ***** and **** ** ********** extra ** unfortunately in *** ********** *********************** ** publication *** *********** ** ***** and ***** ****** *** *** **** the **** ** *** ***** resources **** ***** new businessThis *********** ********** 20% **** ** ******* ** *** ********* ****** in *** ******** model *** **** ** **** if *** ******* ***** land *** * ******* ************************** ***** **** **** ** *** * 1710000But as well ** will **** * ******* for *** ******** ************* ****************************** of ****** *** ********** ******* * MemorableUnder *** accumulation techniques for accounting ****** ** ********* after ******* *** ****** *** *** ***** *** ******** during **** ****** ***** ******** relevant *************** ** the ****** ** ********** income ** ******** on ******* *** ***** are collected Since ************* ******** ************ ** ***** ** *** ***** *** *** ** *** ********* base ** ********** will ** ************* * carOneOn *** contractThe ***** incredible task can ******* ****** ** ********** ** ** ****** ** a ************* ******** *********** doBe ******** ******* *** ******** ***** *** ******* ** certificates ******** by ********* ******* **************** numberTo **** atVehicle ******* *** paid ******* are **** for *** etc)Every problem ** ** ******************* ** ***** publication 334 ***** *** technology of ***** *** ******* **** ******* *** *** ******* ***** ** *** ***** salary *** ****** *** cost ** *** year in ***** *** *********** *** been ****** ** ********* ** ********* *** ****** ******* * *********** ** ********** ****** ** **** ** ***** and ********* representation withCitizensMoney *** ****************** ******************** ** what theCan *********** ************ ******* ** ******* Shares: a With a ********* citizen: * *************** yearly ******* *** 17 **** ** ***** ********** ******** *** $ 1 million ** less for *** ******** **** ** ******** is *** ** ******* coverageb * citizen ** *** **** ******* ********* * *************** ****** ******** *** previous ****** ******* ** ****** ******** ** **** it ** **** **** * * ******* but not **** than * 10 ******* ** ************ ******* Code ** ******* 448TheThe *** of techniques are ********* ***** *** ********** ******* actionIs * ******** business II ResultWe ******** ******** ********** new *********** **** *** to ******** strategic ******** **** *** dual ****** *** ** openDespite *** **** that ** ********* IRS **** S ************ ** **** the **** documents using *** ******** ** ********** ** ********** ***** government ********* to use Bob **** ** ******* technology Will ** ************* **** ****** ******* ******* you **** ******* **** *** *** conversion *********** **** equally ********** ****** ** show **** ********** documents and duties **** ** ********* ***** *** ********** strategy *** submissionAccording ** *** ***** ** the ******** of ******** ******** suddenly *** business will ******* ***** *** complex ************ ****** case to ******* ** the RSS Rss **** using the company's ************** *** ********** ********* ***** *** form of payment ** ***** ******* ***** payment evaluation form *** ** *** to ****** your basic ************* *** expenditure ****** ** ******** *** ** the ********** ** ***** ********* ** the ********** ******** *** compared ** *** annual costApart from this *** chapter ****** ** fully paid *** *** ****** *********** ******** ****** ***** *** *** *** **** receivedThen then ** *** ********** *** ***** ******** ************* evaluation ****** the uses ** ********** techniquesAccording to the ********* summary *** change will *** ** ********* to *** ********* ** *** IRS code ThirdMilestone:Business ******* * ************** are **** types of commodities **** can **** *** ********** code ** 26 States ***** **** ***** of ************* that are ********* with ******** ** ***** ************** property:OneThe **** proprietor ** ** ******* *** **** ******* ****** ** ** *********** ************** * ********* legal ************ ***** *** lookThe **** *********** ***** are ******* to *** **** ********* *** ************** ***** ***** there is no ******* ******** ******** substance;ThisOneWho ** the ***** ** the ******** *** *** ** *********** *** *** *********************** forIsFor **** ********* ***** **** be ** *********** *** a ********** Queen Bob because ** ***** *** ***** ** ******* *** *********************** ** organizationOneCommercial ** businessThere ** * current ************ ******* ** ***** *** ****** ** ********** person ****** and expects cash ******** ***** ** ********** ********** *** moreBusinessTheUnfortunatelyCompanyAn ************** ****** ***** activities earnings references ******* *********** ************ ****** ******** ************* does *** meet ********** responsibility to **** ** not ***** this ** ********* *** *** *********** Bob's *** ******** ******* ***************** ** *** ************************* ************ *** **** is ********** ** * ************** ************** the ************ ** ***** ********* from ******** American ******* one26 § ** **** tells us **** the ******* **** ** processed ** ******** to the ********* payable ****** ******* Salary unfortunate hostility ** credit ***** will ** ****** expressed· ************ in ********* 703 *** *** **** ** ********** ******** ******** ********* obligatory *********** ***** *********** ******* for the ******** ** *********** *** ********** ******** ********** and pay *** *** ****** *** ******* ****** *** ** allowed **** be· Section *** ************** ******* that ** ********** with corporate merchandise) ** ************ CAny ** the **** * yearsDuringC ********** ********** ******* oneThe ******** *********** ** *********** and ******* considered ** ****************** *** ************** balance ***** ** any responsibility ** *** investordeedsInvestorMore ****** ** **** ** *** *** **** the ***** ******* ** *** § §Investor II ******** **************** * ** basically the **** **** the organization will ** charged **** instead ** *** ****** ******* ** **** ******** we **** a ****** ******* ***** * ******* ********************* ************************ *** ** ********************* ****** the ************** ******** Corporation * *********************** *** ****** ****** ******* *********** tax ********* ***** ******** **** ****** *********** ** shareholder ****** **************** tax ********* ***** ******** ************** after taxes ****** *************** chapter ***** S on a ******** ******* ** the *** ** *** **** ** **** have ** ***** *** higher **** *** ******** ******* ***** ** 1361 *** *** ****** **** * family and *** ****** ** ***** ********** ********* *** *** reasons *** investors ***** ***** ************* researchersAsFeatures ** *** same ****** *********** **** * *** some ********* of the primary ****** ******* *** ********** **** ******* ** ex-partner **** the general **** ** *** kind ** ********* of **** kindThe *** section 403 of *** **** *** terminated * career *** * family **** was ******* ** ** ******** andIn *** ******************** **** treated as ********* for 100 ****** *** ** **************************
