During the course, I will select two interviews and three homework assignments. Scroll down to the bottom you'll see the grading rubric for each of these assignments.

In Week 2 your first Short Assignment (SA1) will be and Interview Assignment which is due by end of Week 2. Choose one of the two interview options and complete the assignment by taking into account of the following questions.

SA1 - Interview an Accountant or Accounting Firm OR a Banker

Option 1 Interview an Accountant or Accounting Firm

Contact an accountant and conduct an interview on forms of businesses, taxes, licenses needed, and so forth. Please include a brief introduction (name of organization, title or name) about your interviewee in your report as well. Thank you.

1)Which legal structure do you recommend? Why?

2)Can this legal structure be changed once it has been established?

3)Should the business be formed in or out of state? Why?

4)What are the tax implications of the legal structure recommended?

5)Will I need an employer identification number (EIN)? Why or why not?

6)Should I open a business bank account, or will my personal account be sufficient? Why?

7)Do you recommend using accounting software? Why?

8)What are the strengths and weaknesses of this business form?