You will submit a draft of your conclusion. 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.

1. Summarize the alternative involving the possibility of liquidating the business, using rationale based on tax research, codes, and regulations.
2. Summarize the alternative of transferring the business activity, providing justification based on tax research, codes, and regulations

FOR AN S CORP