PLEASE READ IN ITS’S ENTIRETY!!! Your goal is to compare the thr

PLEASE READ IN ITS’S ENTIRETY!!! Your goal is to compare the three major forms of corporate organizations: partnerships, S corporations, and corporations. You will then select a domestic organization, identify its entity type, and describe how the organization’s tax methods are detailed in its financial report.  Instructions Write a 4–5 page paper in which you do the following:  Use your textbook, the Internet, Internal Revenue Service | An Official Website of the United States Government, and Strayer Library to research the three major forms of corporate organizations: partnerships, S corporations, and corporations. Compare and contrast the tax rules and treatment applicable to those three forms of organization and the major way in which the tax treatment affects the shareholders or partners. Explain at least two reasons why a business owner might opt for one form of organization over another. Provide support for your rationale. Identify two sources of tax guidance (for example, IRS code, Revenue Procedure) for each form of organization and how it defines a component of the tax policy for that form of organization. Research an organization by identifying its entity type (corporation, s-corporation, or partnership) and describe how that organization’s tax methods are detailed in their financial reports. Use the Strayer Library to find at least three academic resources. Note: Wikipedia and similar websites are not considered quality references. This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions. The specific course learning outcomes associated with this assignment: Evaluate the tax rules and treatment applicable to organizations and their impact on shareholders. By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution’s policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.

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