Using internet websites such as or other similar resources related to

partnerships and corporate taxation, complete the following


Write a four to five (4-5) page paper in which you:

  1. Compare and contrast the tax rules and treatment applicable to corporationsand partnerships. Indicate the major way in which the tax treatment affects theshareholders or partners.
  2. Explain at least two (2) reasons why a business owner might opt to become apartnership over a corporation. Provide support for your rationale.
  3. Imagine that you are a partner in a LLC. Justify why you elected to become apartnership as opposed to a corporation. Indicate tax rules that influenced yourdecision.
  4. Imagine that you are a consultant and make the recommendation that the mostadvantageous business structure is a C-corporation. Justify why you wouldrecommend a Corporation over a Partnership. Indicate tax rules that influencedyour decision.
  5. Analyze what a business owner must consider when deciding what type ofentity is best for the goals and vision of the business. Provide at least two(2) examples of research the owner must perform to ensure the proper election ismade. Provide support for your rationale.
  6. Use at least three (3) quality academic resources in this assignment.Note: Wikipedia and other Websites do not qualify as academicresources.

Your assignment must follow these formatting requirements:

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