Respond to the following question adapted from your textbook: Chapter 11 Question C:11-1: List five advantages or five disadvantages of making an S election. Briefly explain each one. In addition, discuss whether or not you recommend an S corporation as an entity choice. Why or why not? Solid academic writing is expected and any sources used should be cited. Participate in follow-up discussion by trying to convince your classmates they should consider the opposite position of the one they took regarding the recommendation, pro or con, (i.e., if they discussed advantages, provide an argument for disadvantages) using the information they presented to support your points
Study Materials
Pearson’s Federal Taxation 2020: Corporations, Partnerships, Estates and Trusts
Anderson, K. E, Hulse, D. S., & Rupert, T. J. (Eds.). (2020). Pearson’s federal taxation 2020: Corporations, partnerships, estates and trusts (33rd ed.). Pearson. ISBN-13: 978-0-13-519736-3.
URL:
https://www.gcumedia.com/digital-resources/pearson/2020/pearsons-federal-taxation-2020-corporations-partnerships-estates-and-trusts_33e.php
Tax Code, Regulations and Official Guidance
Read “Tax Code, Regulations and Official Guidance,” by the Internal Revenue Service (IRS), located on the IRS website.
Scroll to the section where the links to the Treasury Regulations are located and click either the Table of Contents, Retrieve most current version, or Execute full search.
URL:
https://www.irs.gov/privacy-disclosure/tax-code-regulations-and-official-guidance
FASB Codification
GCU is providing access to the FASB Accounting Standards Codification Professional View and Governmental Accounting Research System (GARS) Online for September 2020 – August 2021.
Effective September 1, 2020, you may use the username and password below to access these resources.
Student Access
· Username – AAA54452
· Password – JkK7s8Q
URL:
http://www2.aaahq.org/ascLogin.cfm
Why Choose Us
- 100% non-plagiarized Papers
- 24/7 /365 Service Available
- Affordable Prices
- Any Paper, Urgency, and Subject
- Will complete your papers in 6 hours
- On-time Delivery
- Money-back and Privacy guarantees
- Unlimited Amendments upon request
- Satisfaction guarantee
How it Works
- Click on the “Place Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
- Fill in your paper’s requirements in the "PAPER DETAILS" section.
- Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
- Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
- From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.