Describe the tax treatments of regular corporations

Assignment Help Accounting Basics
Reference no: EM132128205

Assignment 1: Organization Forms and Taxation

There are several forms of business organizations. The Internal Revenue Code (IRC) taxes different forms in different ways. The tax implications can sometimes be important enough to determine the choice of the form.

Based on your readings for the module, respond to the following:

• Describe the tax treatments of regular (or C) corporations, S corporations, and limited liability companies (LLCs).

• Compare the tax treatments to identify the similarities and differences.

• From the organization's point of view, what are the implications of the different tax treatments?

Write your initial response in 3-4 paragraphs.

Reference no: EM132128205

Questions Cloud

Describe an example of a psychic prison experienced : Describe an example of a "psychic prison" experienced in an organization
Efficient auto repair service : Dana takes her car to Efficient Auto Repair Service, Efficient Auto did not repair the car properly, issues a stop-payment order.
What were the main factors that caused the fire : Were there any design flaws in the building that contributed either to the start of the fire or the growth of the fire in size?
Culture is important to organizational performance : Do you think that culture is important to organizational performance? Why or why not?
Describe the tax treatments of regular corporations : Describe the tax treatments of regular (or C) corporations, S corporations, and limited liability companies (LLCs). Compare the tax treatments to identify.
Review the news story you chose : What question related to the topic in the news story you chose would you, assuming the role of a natural scientist, like to study?
How are technology and innovation interrelated : Do you think that culture is important to organizational performance? Why or why not? How are technology and innovation interrelated?
Key considerations when selecting team : If you were assembling a change team, what would be your key considerations when selecting your team? Why?
Calculate total revenues and expenditures : Calculate total revenues and expenditures for each year. Calculate each revenue source and expenditure category as a percentage of the total budget.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd