ACC 317 Week 1 Discussion

ACC 317 Week 1 Discussion

• Bob, who is a close friend, has decided to start his own consulting firm.  He has received conflicting information regarding the best business structure to reduce his tax liability.  He will be the only employee; however, he is willing to consider creating an S-Corporation.
  Compare and contrast the benefits of Corporations, LLCs and S-Corps and make a recommendation regarding which would be the most advantageous for Bob. Defend your position.

• Bob, who is a close friend, has decided to start his own consulting firm.  He has received conflicting information regarding the best business structure to reduce his tax liability.  He will be the only employee; however, he is willing to consider creating an S-Corporation.
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• https://hwacer.com/Tutorial/acc-317-week-1-discussion/
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  Compare and contrast the benefits of Corporations, LLCs and S-Corps and make a recommendation regarding which would be the most advantageous for Bob. Defend your position.

• Bob, who is a close friend, has decided to start his own consulting firm.  He has received conflicting information regarding the best business structure to reduce his tax liability.  He will be the only employee; however, he is willing to consider creating an S-Corporation.
  Compare and contrast the benefits of Corporations, LLCs and S-Corps and make a recommendation regarding which would be the most advantageous for Bob. Defend your position.

• Bob, who is a close friend, has decided to start his own consulting firm.  He has received conflicting information regarding the best business structure to reduce his tax liability.  He will be the only employee; however, he is willing to consider creating an S-Corporation.
  Compare and contrast the benefits of Corporations, LLCs and S-Corps and make a recommendation regarding which would be the most advantageous for Bob. Defend your position.