400-600 W.C.

Many of today's well-known organizations are corporations, such as McDonalds, Starbucks, Amazon, Microsoft, and so on. Most companies reorganize as corporations when it becomes advantageous to do so. There are several characteristics that affect an organization's decision to become a corporation.

You have started a consulting firm and have been asked to speak at a conference for business professionals. You were asked to provide information to a group of business professionals who are thinking of starting a corporation or changing their current business into a corporation. Your audience will consist of business professionals and owners from various industries with diverse income levels. Some of these professionals have established businesses while, and others are at the beginning stages of creating their business. Please provide the following information to your target audience:

• What are the tax implications for starting or changing into a corporation? Do you think that these tax implications deter people from starting a corporation? Why or why not? Explain your answer in detail.
• Do you think that a corporation is an attractive option for smaller organizations or larger organization? Why or why not? Explain your answer in detail.
• Explain three tax credits or deductions that corporations can receive. Be creative in your research, and explain why you find these specific tax credits or deductions attractive for the corporation business form.
• What role does ethics play in large corporations? Ensure that your answer is different from those of your peers, and explain your rationale.