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QUESTION

Begin by choosing a publicly traded company and locating their annual report. Go through the notes to the financial statements and identify 5...

Begin by choosing a publicly traded company and locating their annual report. Go through the notes to the financial statements and identify 5 different areas that impact the tax of the corporation. Please write a minimum 5 page research paper (not including the cover sheet and reference page) covering the following and be sure to cite your sources following APA guidelines:

1. What is the name of the publicly traded company and what is a description of what they sell?

2. For each of the 5 areas that you chose, please include the following:

3. What is the note and what policies do they have in place regarding this?

4. What is their tax impact by the policy that they have chosen?

5. What alternative choices do they have as to how to treat that area and how would that impact their bottom line?

6. What is the specific tax guidance that has been released by the IRS and has it changed over the last 10 years at all?

7. Would the tax impact change at all if they were a different type of entity?

8. What would the auditor specifically be looking for if this company were chosen for an IRS audit and each of these areas were reviewed?

Please make sure to cite all references used and to follow APA guidelines throughout your paper.

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