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{"id":160794,"date":"2022-05-16T21:14:01","date_gmt":"2022-05-16T21:14:01","guid":{"rendered":"https:\/\/qualityassignments.net\/?p=160794"},"modified":"2022-05-16T21:14:01","modified_gmt":"2022-05-16T21:14:01","slug":"tax-655-milestone-one","status":"publish","type":"post","link":"https:\/\/qualityassignments.net\/2022\/05\/16\/tax-655-milestone-one\/","title":{"rendered":"Tax-655 – Milestone one"},"content":{"rendered":"
\n<\/p>\n

<\/p>\n

Milestone
\nOne<\/p>\n

You will submit a draft of your recommendation for the business entity
\nthat you believe will meet the client\u2019s needs, based on your research. You will
\nalso select the accounting method that should be used to interpret the business
\ntransactions and for tax reporting. You will also summarize the tax law
\npertaining to the entity selected. This assignment will address Section I, Parts
\nA, B, and C of the critical elements of the final project.<\/p>\n

Specifically, the following critical
\nelements <\/strong>must be addressed:<\/p>\n

I. Memorandum<\/strong><\/p>\n

A. Use logical
\nreasoning based on your tax research to explain why the client should choose
\nyour recommended business entity<\/strong>. Consider referencing appropriate tax
\ncode and regulations.<\/p>\n

B Defend your
\nbusiness entity recommendation by describing the accounting method<\/strong>. Consider
\nthe advantages and disadvantages of the business entity based on the following:\n<\/p>\n

1.
\nCash basis vs. accrual<\/p>\n

2.
\nThe cost to prep the returns<\/p>\n

3.
\nThe tax benefits<\/p>\n

4.
\nThe limited liability protection<\/p>\n

5. Employee benefits <\/p>\n

C. Interpret the tax law <\/strong>pertaining
\nto the type of business recommended and justify your recommendation using
\ndetails consistent with tax law, code, and regulations.<\/p>\n

Guidelines for Submission: <\/strong>Your paper must be submitted as a 1\u20133-pageMicrosoft
\nWord document with double spacing, 12-point Times New Roman font, one-inch
\nmargins, and at least three sources cited in APA format.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Milestone One You will submit a draft of your recommendation for the business entity that you believe will meet the client\u2019s needs, based on your research. You will also select the accounting method that should be used to interpret the business transactions and for tax reporting. You will also summarize the tax law pertaining to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/160794"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=160794"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/160794\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=160794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=160794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=160794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}