Assignmet: Client Letter

Oct 23rd, 2014
DreamIt
Category:
Accounting
Price: $10 USD

Question description

Imagine that you are a Certified Public Accountant (CPA) with a new client who needs an opinion on the most advantageous capital structure of a new corporation. Your client formed the corporation in question to provide technology to the medical profession to facilitate compliance with the Health Insurance Portability and Accountability Act (HIPAA). Your client is very excited because of the ability to secure several significant contracts with sufficient capital.

Use the Internet and Strayer databases to research the advantages and disadvantages of debt for capital formation versus equity for capital formation of a corporation. Prepare a formal letter to the client using the six (6) step tax research process in Chapter 1 and demonstrated in Appendix A of your textbook as a guide.

Write a one to two (1-2) page letter in which you:

1.  Compare the tax advantages of debt versus equity capital formation of the corporation for
the client.

2.  Recommend to the client whether he / she should use debt or equity for capital formation of the new corporation, based on your research. Provide a rationale for the response.

3.  Use the six (6) step tax research process, locatedin Chapter 1 and demonstrated in Appendix A of the textbook,to record your research for communications to the client.

Your assignment must follow these formatting requirements:

·  Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

·  Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

·  Analyze tax issues regarding corporate formations, capital structures, income tax, non-liquidating distributions, or other corporate levies.

·  Use technology and information resources to research issues in organizational tax research and planning.

·  Write clearly and concisely about organizational tax research and planning using proper writing mechanics. 


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UT Austin
PREMIUM TUTOR

Studypool has helped 1,244,100 students

5 Reviews


Summary
Quality
Communication
On Time
Value
ashleyisgod
Nov 26th, 2016
" Top quality work from this guy! I'll be back! "
Molly_Moon
Nov 3rd, 2016
" AMAZING as always! "
Hemapathy
Oct 12th, 2016
" all I can say is wow very fast work, great work thanks "
BlueOcean
Sep 28th, 2016
" Awesome! Exactly what I wanted. "
kevin12622
Sep 19th, 2016
" Goes above and beyond expectations ! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1829 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors