1. “S Corporation Status” Please respond to the following:
this point in the course, you are now familiar with the different
options a business owner has in determining the form of business to
select. From the e-Activity, determine one (1) advantage to selecting an
S corporation status. Provide a rationale for your advantage.
the e-Activity, determine one (1) disadvantage to selecting an S
corporation status. Provide support for your determination.
2. “Exempt Organization” Please respond to the following:
the Internet or Strayer Library to research one (1) example of an S
corporation. Think about the reason an S corporation status was
3.“International Taxation” Please respond to the following:
the major requirements for an entity to qualify as exempt. Explain the
manner in which these requirements help support the entity and its
- From the e-Activity, describe the details of the example
that you researched, examining the key reasons why this organization
qualifies as tax exempt. Provide support for your findings.
4. “Tax Evasion” Please respond to the following:
the e-Activity, describe the tax benefits offered in conducting
business internationally for the corporation selected. Recommend at
least one (1) tax benefit that the U.S. could offer corporations to
transfer business back to the U.S. to help reduce unemployment. Provide
support for your response.
- Tax treaties help determine how
income will be taxed. Identify one (1) benefit offered as a result of a
tax treaty, and determine the manner in which this might help reduce
taxes owed. Provide support for your response.
the various forms of penalties that occur as a result of tax evasion.
Share your opinion on these penalties. Recommend a way in which to
reduce the occurrences of tax evasion in the U.S.
- From the
e-Activity, describe the outcome of the identified case that you
researched. Indicate whether you agree or disagree with the punishment
assessed. Explain your rationale.