ACCT 553 STUDY Start With a Dream /acct553study.com ACCT 553 STUDY Start With a Dream /acct553study.c | Page 17

b. at-risk rules c. tax shelter -------------------------------------------------------------------- ACCT 553 Week 6 Assignment You Decide FOR MORE CLASSES VISIT www.acct553study.com ACCT 553 Week 6 You Decide Mark, and John Case Part I: Discuss the various forms of organization that are available to Penelope, Mark, and John Part II: Make your recommendation as to what form of organization you believe will be best, and be sure to explain the reasoning for your choice. Part III: Discuss the tax consequences of contributing cash, property, and/or services to the new entity. -------------------------------------------------------------------- ACCT 553 Week 6 Homework FOR MORE CLASSES VISIT www.acct553study.com Miyasyke, Inc., a calendar year S corporation, has five equal shareholders at the end of the tax year. Miyasyke had