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QUESTION

week 2

Your client, a sports equipment and apparel retail chain, wishes to incorporate under the name JKEB Enterprises, Inc. The company is located within the state of Florida.

For this week, focus on preparing the following portions of the paper. This portion should explain the following in 3-4 pages:

  • How to incorporate
    • Identify areas of the articles of incorporation to provide the client with guidance on, also provide the steps for your client to incorporate.
  • Obtain a taxpayer identification number
    • Provide the steps and websites the clients will need to use.
  • Method of accounting for tax records
    • Educate the client on cash versus accrual accounting from a tax basis. Highlight the differences for them and provide a recommendation.
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