Tax considerations affect whether one chooses to do business as a certain form of business organization. Using an analysis of the three major business forms—sole proprietorships, partnerships, and corporations—figure out what form would be most advantageous financially to use assuming that each one of them had an annual income of $100,000. The analysis must include: formation and operation, risk/liabilities, tax treatment of parties involved, and dissociation and dissolution. What steps could one take to minimize the amount of federal income taxes imposed upon each type of business enterprise?
When writing your paper use the following guidelines:
The body of your paper should be 750-1,000 words in length (not including front matter or end matter like the cover page, abstract, reference); in 12 point font, and single or double spaced.
At least 2 external, quality research sources must also be consulted, and referenced in the text and cited in the Reference Page.
Your paper will be evaluated with attention to the following elements
Meets word count requirement; (750-1,000 words in the body + a Cover and Reference Page)
Mechanics, Usage, and Grammar
Original content and thought
Includes thoughtful analysis and commentary on the provided article plus the outside source you find to answer the proposed question(s).
Document design and layout