ACC 561 Week 2 Learning Team Assignment ( Small Business Forms Paper ) ~ A + Work With References

      Prepare a 700 - 1,050 word paper in which you do the following:

a.     Describe the Basic Types of Business Formation: 

- Sole Proprietorship

- Partnership

- C Corporation

- S Corporation

b.   Explain the Following Consequences with the choice of each type of Business Organization: 

- Tax Implications

- Legal Implications

- Accounting Implications, such as:  SOX and FASB.