A taxpayer is forming a new corporation and has $ 500,000 to invest in her company. Following

Question:

A taxpayer is forming a new and has $ 500,000 to invest in her company. Following the advice of her tax consultant, the taxpayer designated $ 300,000 for the purchase of corporate stock and $ 200,000 as a loan to the Comment on this tax plan.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...