please visit the text website for the online CPA similation : mhhe.com/sjones201

Question

please visit the text website for the online CPA similation : mhhe.com/sjones2013.

A client operates a small business organized as a sole propreintship and is considering change the business to operate as a C corporation. the client wants to know how certain deductable items are treated for tax purposes by a business  conducted as a C corporation filling form 1120 ,US corporation income tax Return , as a compared to the way they are treated as a sole proprietorship  filling form 1040 US .Individual income Tax Return.

Topic covered in the simulation:

-Charitable contribution limitation.

-Payments to owners for services rendered .

-Payments for health insurance for owners .

-Business meals and entertainment expenses

Explanation / Answer

the link is private .its not opening

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.