Hi all, I have an assignment to do that related to tax and specifically,the following critical elementsmust be addressed.

Note, The chosen type of business entity is a C Corporation. Client is 60 years old. Daughter is 23 and single.

A. Recommend a type of business entity for the client to consider based on your tax research. Consider justifying your recommendation using the code and regulations that relate to the business entity.

B. Justify whether or not the client should choose a business entity that haslimited liability protection. Be sure to include possible future liability issues based on the potential economic impact and appropriate Internal Revenue Code and Treasury regulations.

C. Describe the tax effecton the recommended business entity and the impact it will have on the clients personal tax return. Consider addressing how the business entity affects the completion of the 1040 tax form.

D. Evaluate the economic impact on the clients personal returns based on the recommended entity. Justify why the client would not choose the other business entities by informing the client of the differences.

E. Justify your recommendation regarding the clients daughter having an ownership interest. Provide details supporting the recommendation taking into consideration the jargon and mechanics of the transaction.