Final Submission: Memorandum With Appendix In Module Nine, you will complete all necessary tax forms according to Section III of the critical elements. You will then submit a comprehensive memorandum

********* **** ***** ******** ************* MemorandumName *** ****** *************************** * Southern New ********* ************** 25 ******************************************************************************************************************************** ********* Planning **** Taxes and Disposing ** * ***************** *** ** *** ************** *** ****** Saunders-BatchueDate ********** June 29 2019______________________________________________________________________________ Abstract: *** has * very ********** used car ******** ******* ** 210 ***** **** ***** ** ********* ******* *** ** *** sole ********** *** ** ******** ** the ******** ***** Jones *** ******* * detailed analysis of the *** ************ of continuing ** *** *** business ** **** ** ********* to * more *** effective **** **** ********** aim ** ******* **** Bob ****** ** an * corporation *** ****** ********* outcomesBusiness ******** * *********** ****** be the **** *********** ******** ****** ***** ** ****** ***** *** ********** ***** ********* *** owners with ******* *********** ** * *********** *** ******* **** *** on **** with *** *** ** *********** ****** taxation *** ***** ********** The corporation ****** the business ****** ** ***** *** legal ********* ****** afforded to *** C corporation *** **** *** ******* ***** ******** ** *** shareholders for ******** ****** & **************** ***** *** *** the ******** can *** *** * *********** ***** ** ****** *** ** ** *** shareholders *** * corporation will ****** *** ******* *** ****** ** *** *** Mandy directly with no double ******** Bob’s ******* ** ******** hence qualifies ** be ** * ********************* MethodCash v ************** business **** *** ******* stock ****** ** ****** ** *** **** ********** ****** ******* ***** People **** buy **** usually ** it *** **** ** ****** ********* from *** ***** ******* to ******* *********** ******** *** **** ****** **** recognizes ******* **** **** *** ******** *** payables when **** out ***** allows *** ************ to ********** *** payments periods *** *** ******* (Jones ***** Rhoades-Catanach ***** The accrual ****** **** *** **** *** **** ********** ** ********** **** *** ******* ****** ***** *** *** ***** in ***** *** *** **** **** ** *** *** ******** ******** ********** ** ** **** not ***** credit ** *** customersThe **** ** ******* *** ********** **** of ********* *** returns is *** for *** * corporation since *** ***** ********** is ** *** individual ************ All ******* *** *********** to the shareholders *** **** **** ******* independently of *** corporation *** only ******* **** *** ******* **** **** ******* to **** ** ***** ********* Mainly *** * *********** *** lower costs ** filing ******* **** a C ************** *** *********** **** tax benefit *** *** S corporation is that ***** ** ** ****** ******** * ************ ********* *** **** ** passed on ** **** shareholder saving ** *************** tax As an S *********** ******* ******** **** ** subject ** 133% ****** *** **** * ***** ** *** ******* ***** *** ***** ** * ************ ****** **** *** *** ordinary ****** *** rate (Schenk ***** ** the **** of tax ******* due to the presence ** *** ****** ******** *** Medicare ***** *** *********** **** not **** ** pay taxes on ********** ****** *** **** ****** ** ************* ***** * **** tax obligation ** the ****** ******** *** ******** ***** The ************ ****** ** ******** ******* the ******* ** double taxation ******* of *** deliveries to the ************ *** *** *** ****** ******* 2015) ********** ** *** tax ******* *** ******* ********* * corporation **** * few ************ Case ** ***** **** are liable to various ***** ************ which **** ** ******** *** ********* ** ****** ****** ***** *** expenses ************** ***** ** as much ***** ** * ******* ********* *** ****** *** personally *********** for *** ********** They *** ******** ** ******** *** ******** ** consolidation *** hold general ************ ********** ***** ***** *** ******* lower **** **** ** * ************ ******* ***** *** example ***** * *********** is ****** ** **** ******* ********* * corporations *** required ** make ****** filingsThe limited liability ************* * *********** *** * ******* ********* ********** **** a ************* *** ******* ********* ********** ** **** ***** the * *********** **** ********** than * **** ************** ** *********** *** *** *** ******** *** able to ***** the ******* ********* ********** ** * * corporation without ********* the **** ***** ** ************ *** * ******************* ************* will **** be the ******** ** ********** expenses **** ** worker's ************ and ************ ********* ******** *** **** ******** ******* ************ ** the ***** ** ***** profit allocations For ******** the ********* ************ can **** be *** *** ******* *** ****** *** **** *********** ********* ** *** ********** ** shares that *** **** ****** ***** **************** 2013) ************ ** *** *** ******* *** ******* ********* * corporation **** * few ************ The ********* ** point they *** accountable ** **** ***** requirements ***** **** ** followed *** ********* ** ****** ****** ***** *** ******** ************** ***** In ** **** there ** a limited ********* *** owners *** personally *********** for any ************ They *** ******** ** ******** *** articles ** consolidation and hold ******* ************ ********** ***** costs *** ******* lower **** **** ** * corporations ******* ***** *** ******* ***** C *********** ** ****** ** **** returns ********* S ************ are required to make annual filings ******* disadvantage ** *** ***** ** inflexible ****** ************* For instance *** founder's distribution *** **** ** *** *** profits *** losses *** **** ** *********** ********* ** the ********** ** ****** that *** held ****** & **************** ********** ****** ************ of the * ************ ****** *** incomes *** ****** ** ***** *********** ** their *** ******* While an * *********** ** *** ***** ** *** ******* the ****** of ** * *********** are taxed on ***** ************ shares of *** * corporation's ******* *** **** ** required ** **** IRS **** **** *** **** 1120S ** ****** ********** form *** S *********** The **** ****** ********* *** ******** incomes *** expenses The ** I ******** ******* *** amount that ****** ** recorded by *** ************* income *** ******* ****** ***** **************** 2013) US **** ********* ******* **** ******* in the *********** will pass through ** *** employees **** *** distributions made ** relation to *** ****** of shares in *** *********** ************ *** allowed to file for *** ********* ** ******** ****** **** ******* *** the ****** ****** **** earnings ***** ******* *** ******* *** $315000 for ***** ****** ** ****** ********** ****** ** **** Withdrawals ** ************** *** 1368 ** * *************** distribution ** ***** **** be ** per *** ************ ** *** ******* ****** ***** *** ******** paid ** *** ************ ** the company *** ****** ********* **** the ******* *** s *********** ***** ** **** *** salary that the ***** receives has ** ** ******** **** the profits ****** ****** *** distributions *** daughter receives *** ****** ** ****** which **** ** treated ** ****** taxes She **** ** ***** ** *** of the ******** ** her ******** *** **** instead of *** corporation tax **** *** ***** a ****** ** ******* ***** is **** subject ** income *** rates *** tax rate will ** ** *** *** *** ******* amountPercentage ** ****************** *** policies *** ******* of *** ******* ** is evident **** *** percentage ********* **** just ** ******** ** *** ** automatically ******* **** *** ****** **** it offers its clients ****** be ********** **** ** in most ***** ** **** tend ** ******* its ******* from *** sole proprietorship tax *** law ******** **** *** members ** the * corporation *** *** ** ****** ** *** *** ************ ******** **** depend ** *** voting rights that *** ****** hold Us **** 1366 ******* **** the sharing ** profits ** ******** in ********** ** *** ************ *** daughter **** ****** earn *** ** *** ************* ********** ******** ************* *** Bob ****** *** the assets ***** **** ***** ****** death Setting ** * ***** will make *** assets ** the ******** ****** **** **** ** ** longer ******* ** the family ***** ***** ******* 2001) ****** ****** * ***** ** ********** ****** ** *** **** **** of *** ********** ****** **** **** *** **** *** ******* tax ** avoided ** the ****** ****** a good amount **** ***** **** **** ****** to *** ****** ***** can be *********** ** different **** Irrevocable ** ********* trust offers a lot of *** benefits ****** *** ** **** **** ** ***** ****** to *** ***** *** money is *** ******* ** any estate taxes (Kess ***** ******* 2001) ****** pay *** **** ******* **** ********* *** dividends **** tax is **** high *** ************ thus ***** ******* such taxes ***** ******* ************* **** ** impact ** taxation ************* made ** *** ****** to ******* **** ** ****** **** ****** be **** ** *** *********** tax ********* ***** ***** * ****** could make use ** ********** **** ****** ***** Through a *** * ****** ********* ** ******** ***** to *** ***** **** reducing the estate's size and ****** *** ******** *** *** trust **** *** ** **** *** the ****** ** the ****** *** a ******* for * ******* ****** ** ***** ***** *** ****** **** ***** ***** *** *** **** oversees *** ******** of trusts with **** having ****** ****** ***** ***** ** *** *** ****** establish * trust *** *** daughter **** lacks voting ****** ***** ******** ********* *** *** ideal decision ****** *** will ****** *** ******* ** *** ******** but **** ** **** that the daughter **** **** **** *** ******** **** *** ***** without ****** ****** ************** ********** planning ** a preparation for *** ***** which will serve in *** management of an ************** ***** **** ** ****** ** *** ***** ** *** ************** ************** **** ******** ******** *** ******* ** * ******** ****** ** the ******* heirs *** tax ********** ****** planning ***** for strategies **** ** the ********* ***** ** ******** ** ****** make * **** * critical ******** **** * ****** **** **** ***** ************ ******** ** ******** ** **** ******* in **** * client ******* ************* **** ** ******** for *** powers ** Attorney ***** creating * ***** **** for *** ****** ** ******** ** ****** planning * **** can ** ********* in *** ***** **** a ****** **** (Julius ***** ******* ******** ** ********* ******** *** ****** ********** ** ******** ****** **** ** to **** ******* these assets **** ***** ******* **** ******** ******** *** ******** ***** ****** ***** ***** ****** ***** ******* the ****** ****** ******* ** *** will ** *** ** through *** ******* ******* which is **** *** *********** * ****** plans strategically *** *** ****** it ** ********* ** ******* ***** *** ********* ****** charitable ************* *** issues ** ** **** *** ******* revocable ***** *** ****** ****** *** ***** ******* *** ******** **** the beneficiary would enjoy ***** ***** ****** ***** The ****** for ************ ** ******* may ** ****** ** *** ******** ********* ***** ******* ** ********** to ******** with *** aim ** ******** *** on estate ****** *** ***** ***** *** * will in ***** *** *********** ** *************** ******** ********** There exist various estate ******** ********** **** are consistent **** *** ***** *** *********** that *** *** ******** *** reducing the ******* estate *** *********** ********** *********** ******* property to ****** **** ******** ****** * ********* *** whoever ******** *** ****** ** benefit• ********** ********** lifetime ********* ** some ****** ******* ** ********* **** *** ******** ***** ***** ****** *** estate' **** thus reducing the ****** taxes• ******** ** ******* ******** **** ****** assets ** irrevocable ****** ** reduce the **** ** assets taxed ** the ****** ***** ** the **** **** creating **** large ******** **** ********* ******** away ** ******* **** *** **** These proceeds are ************* ** ******** *** ********* **** ****** ** ****** ** ****** Bob ** to **** *** ******** ** *** ******** in *** ***** ******* *********** from *** ****** *** **** ****** is **** gifting ** * ******** estate planning strategy ** **** in ************ ********* of ****** that *** closely ***** ** the ****** to the ****** generation (CTFA 2019) It **** takes care ** the assets *** ** fall **** *** creditors' hands Another ********* ** **** *** ******** will be done at ***** ***** *** ******** **** ******* is ** ********* course ** ********** the *************** is *** right ****** ** ****** ** Bob ****** to **** the ******** This is ******* *** would ** ** a ******** ** ******* all timings ******* the ***** ******* in *** deal ******* ************ will ****** ***** the ****** **** **** ******* **** ** ***** (Wilde ***** ****** ***** In conjunction ** **** *** ****** **** *** client **** *** will ****** on ******* *** ***** ****** ** *** ****** ** ***** ** ****** capital ***** ** **** ordinary income ****** ***** ****** ***** ****** *** profits **** *** ****** **** earn ***** ******* *** ******** assets *** ** taxed ** *** **** ** capital *************** and DisadvantagesA **** proprietorship ** * **** ** business where *** ***** *** *** ********** *** *********** It ***** **** the ***** ******* ********** *** ******* *** *** ********** in the **** * *********** on the ***** **** ** * type ** ******** entity where ******* ** ****** **** *** **** interest come together to ******** business activities **** ***** ********** *** ******* ***** on the ****** each ****** has ** is **** **** ***** **** proprietorship to be advantageous **** the *********** ********* to ****** ****** decision-making process in a **** ************** ** easier ** *** ***** is *** **** decision ***** ****** in *********** ***** *** ******** to ** **** *** ** ** discussed *** a *** of consultations **** ***** *** ******** ****** *** implementation made **** ******* ** **** wastage *** failure ** **** ******** ********* when ***** ** * ***** ******* ********** that a partnership *** **** **** ************** *** **** to ***** startup ******* has high ******* of borrowing ******* ** ******** easy ******* ** growth *** to ********* ideas ** ********** ********* ***** The main disadvantage ** a **** ************** **** the *********** ** **** **** proprietorship *** ********* liability ***** the ***** ***** *** *** liabilities ***** ** ***** *** lead to *** *********** ** *** **** ** *** ***** loses *** ***** ******** ***** is **** *** disadvantage ** limited ******* ******* as *** the funds come **** *** owner who also ***** *** *** ******** making **** ** **** * ******* managerial ******* **** ******** expansion *** ****** *********** ** the contrary *** ******* *** ********* as *** **** ************ ** *** ******* of * ****** ******* is ******* shared by **** *********** is an organization ********* ** the ***** to transact business ****** as * ***** ** ** * ******* ***** *** *** ***** ** *********** *** S *** * ************ ** * *********** ** * *********** **** deals **** * ******* ****** tax **** ******** **** the ********** * ** internal ******* **** ** ******* *** It ** ********* *** corporation **** is allowed ** *** federal government *** ** *** *** income *** * * corporation on *** contrary ** * *********** that *** ******* ****** tax *** ******** to pay *** ***** separately **** its owners A * *********** is thus ********* from an S corporation ** *** *** **** **** are ***** (Kumar **************** the BusinessThe process ** *** *********** *** **** ** ***** ********* **** The ***** *** ***** ** through the ************ ********* *********** (CVL) ***** the ******* ** ******** *** ****** ********* pay its debts ******* 2015) ***** on the *** *** asset ** **** * company ** **** to pay *** ********* ******** *********** can ** through ********** ********* *********** ***** ***** *** *** ************ ***** ** dissolve the ******** ***** on *** **** reasons ******** ** **** ** ********** The **** reason would ** ******* *** ********** *********** that *** ************** ********* ** ******** in ********** *** companyTransferring *** ******** **************** organizations *** always formed to ******* *** ********** *** missions ** times the ******** **** they *** to ****** *** met *** *** **** *** ****** ****** ** ******** *** ******** activities ***** *** **** ***** ** *** its ********** The ***** *** ***** be ******* ****** new ******** ** **** ***** ******* **** the ******* ***** *** membership ** ********** *** have *** **** ******** ********** to **** *** ** to continue ****** ***** It ****** ***** ** **** some ******* ****** ** **** ** the ******** ********** *** changed ******** ******** of ******** ********** ***** ** ******* *** **** ** the ******** enterprise; ** ***** mean that *** ***** would either ****** ** ******** **** *** same ******** **** or ********* new ****** a sole ************** one **** *** ******* *** ********* ****** **** *** ******* ** ****** *** dues ** the **** ** ***** only *** ****** *** **** ** ****** **** ***** ** *** easy ** ******** its ********** * partnership on the contrary ** a ********* ***** *** ********* of *** **** ** ****** *** ********* **** ***** is a **** ** ******** *** *** partners **** give ***** ***** *** if **** ** ** ********* ********* *** ** ****** ****** ***** ** ** C ************ S ************ transact ** the **** *** only **** *** ******** *** ******* *** ***** ** *** ****** without taxation ** *** company level ****** ************************** * (2018) *** estate tax ***** *** **** *** Act ***** ***** ********* W (2018)Significant ******* ********** ***** ******** *********** ****** ***** ********** * (2019) Estate planning ********** ***** tax reform ******* ** ********* ******** ***** *********** * ****** **** Proprietorship Returns *** **** 2015Statistics of ****** SOI ************* ********** Giarmarco * * ****** *** ***** levels ** ****** ******** ********** planningKess * ***** ******* * ****** *** ********* and ****** ******** ***** ******** ******** ********** A *********** ******* ********* *** ****** enterprises in ********** ************* * (2018) *** ********** ****** ** * ************* *** *** **** ***** *** Help Small ******************** ******** & *************** *** Review8(1) 133-150Read * * ***** ****** * * (2015) * ****** ** ******** *** *** of wills ******* and basic ****** ******** documents to ******** law ******** ******** ******* ** business *** ****** * 11-35Schenk * H (2015) ******* Taxation ** * corporations *** ******* ********* * * ****** Theory ************* *** ******* Daniel ********* ****** US International ******** ********* Review of Legal ******* ************ H (2015) The ********** ********* in *** ********* ******** ******* *** ************* ************ * * ***** Wilson * * ****** ************ ** corporate tax ********* ************ **** the past ****** The journal ** the American ******** association 40(2) 63-81   AppendixAttached *** *** forms that **** *** taxation ******* **** ***** ** moving ** * c corporation *** move ** * c corporation increases the tax ****** *** **** *** *** ***** *** reason *** *** ******** in *** ****** ** *** **** revenues *** *** ******* ***** *** ***** ** higher ****** ******* in ******** ********

Click here to download attached files: COMPREHENSIVE MEMORANDUM.docx

Click here to download attached files: tax forms and schedules.zip