655TAX Guidelines and Rubric

You will submit a draft of your conclusion. You will compare and contrast the advantages of each type of business entity that the client may select, summarize the alternative involving the possibility of liquidating the business using rationale, and, finally, summarize the alternative of transferring the business activity, providing justification based on tax research, code, and regulation. This assignment will address Section II: Conclusion.

TAX 655 Milestone Four Guidelines and Rubric You will submit a draft of your conclusion. You will compare and contrast the advantages of each type of business entity that the client may select, summarize the alternative involving the possibility of liquidating the business using rationale, and, finally, summarize the alternative of transferring the business activity, providing justification based on tax research, code, and regulation. This assignment will address Section II: Conclusion. Specifically, the following critical elements must be addressed: II. Conclusion A. Compare and contrast the advantages and disadvantages of the sole proprietorship, the partnership, the S corporation, and the C corporation as a tax vehicle that could meet the client's need for accounting information about the business. Consider providing justification for why the client would not necessarily choose the other business entities. B. Summarize the alternative involving the possibility of liquidating the business, using rationale based on tax research, codes, and regulations. C. Summarize the alternative of transferring the business activity, providing justification based on tax research, codes, and regulations. Guidelines for Submission: Your paper must be submitted as a 2- to 3-page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least three sources cited in APA format. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Critical Elements Conclusion: Advantages and Disadvantages Conclusion: Liquidating the Business Conclusion: Transferring the Business Activity Proficient (100%) Compares and contrasts advantages and disadvantages of all the business entities as tax vehicles to meet the client's needs Summarizes the alternative choice involving liquidating the business, using tax research, governing rules, and regulation Summarizes the alternative choice involving transferring the business activity using tax research, governing rules, and regulations Needs Improvement (75%) Compares and contrasts advantages and disadvantages of all the business entities but details are either incomplete or inaccurate Summarizes the alternative choice involving liquidating the business but details are either unclear for target audience or cursory Summarizes the alternative choice involving transferring the business activity but details are either unclear or cursory Not Evident (0%) Does not compare and contrast advantages and disadvantages of all the business entities Value 30 Does not summarize the alternative choice involving liquidating the business 30 Does not summarize the alternative choice involving transferring the business activity 30 Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas Total 10 100%