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These questions are not related please answer as many as you can: A)In all situations, tax considerations are of primary importance. Do you agree or

These questions are not related please answer as many as you can:

A)In all situations, tax considerations are of primary importance. Do you agree or disagree? Why?

B) Jack and Jill plan to go into business together. They plan to incorporate the business. What tax issues should they consider when deciding whether or not to elect S corporation status?

C) Barrel Corporation's book income is $500,000. What tax issues must be addressed in determining taxable income? Discuss the concerns with each issue.

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