Forming a corporation involves many important decisions that go beyond just choosing a state and filing articles of Incorporation. The corporation may be doing business in states other than the state it was formed in, which will require registration as a foreign corporation. Failing to register can have significant consequences. Adopting bylaws, holding initial meetings, separating the corporation's finances from the owner's finances, and choosing how to finance the corporation, all play a role in avoiding piercing of the veil of limited liability and protecting limited liability. The subchapter s election is an irrevocable tax election that must be well thought out in advance. In this assignment, you'll explore these issues.

Assume you will be forming a corporation. Explain why you would comply with foreign registration requirements for your corporation, whether or not you would make the subchapter s election and why, and how you would avoid piercing the veil of limited liability.

include at least two references.