You will submit a draft of your conclusion. You will compare and contrast the advantages of each type of business entity that the client may select, 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. This assignment will address Section II: Conclusion. Specifically, the following critical elements must be addressed:Conclusion1.) Compare and contrast the advantages and disadvantages of the sole proprietorship, the partnership, the S corporation, and the C corporation as a tax vehicle that could meet the client’s need for accounting information about the business. Consider providing justification for why the client would not necessarily choose the other business entities.2.) Summarize the alternative involving the possibility of liquidating the business, using rationale based on tax research, codes, and regulations.3.) Summarize the alternative of transferring the business activity, providing justification based on tax research, codes, and regulations.Guidelines for Submission:Your paper must be submitted as a 2-3 page Microsoft Word document with double spacing, 12-Point Times New Roman font, one-inch margins, and at least three sources cited in APA format.
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