Advance Federal taxes & Management Decision

Week 2 Homework

Please complete the below problems and submit your answers in the Week 2 Dropbox. See Syllabus/Due Dates for Assignments & Exams for due date information.

In 1,200–1,500 words, compare and contrast the different forms of entity including the sole proprietorship, partnership, S corporation and C corporation. Please include information on entity formation, capital contribution, operations, distributions, and taxation.

Be sure to address all five topics listed for all four entity choices.

Deductions will be made for lack of originality, poor spelling and grammar, as well as not meeting the word count requirements.

Good Luck!

Week 2 Homework Grading Rubric:

Sole Prop

PartnershipS CorpC CorpTotal

Points

Available

Points

Available

Points

Available

Points

Available

Points

Available

Formation2.00 2.00 2.00 2.00 8.00

Capital Contributions1.00 1.00 1.00 1.00 4.00

Operations1.00 1.00 1.00 1.00 4.00

Distributions2.00 2.00 2.00 2.00 8.00

Taxation2.00 2.00 2.00 2.00 8.00

Grammar/spelling 1.00 1.00 1.00 1.00 4.00

Length requirements

(1,200 - 1,500)

1.00 1.00 1.00 1.00 4.00

Late Penalty

10.00 10.00 10.00 10.00 40.00