Discuss the federal tax obligations for the firm if it is structured as an LLC and as a C Corporation.
Federal tax obligations
Using the Units 1-4 assignments and feedback, complete the Management Discussion and Analysis (MD&A) for the company. Along with the MD&A, include an Excel Portfolio of the Units 1-5 assignments. The MD&A should have the following:
•Provide a summary of the current year’s activities.
•Discuss the company’s ability to meet short-term obligations and fund operations and capital projects, and give the results of operations.
•Provide a financial ratio analysis that includes liquidity, profitability, and solvency.
•Discuss the federal tax obligations for the firm if it is structured as an LLC and as a C Corporation.
•Discuss current internal controls as related to the prior assignment.
•Provide a recommendation for next year’s operations.
The project deliverables are as follows:
•Update the research document’s title page with a new date.
•Update previously-completed sections based on your instructor’s feedback.
◦Ensure that this final version of the document is sufficiently detailed to fully meet the assignment requirements for each part of the course.
•New content for Week 5 is as follows:
◦Complete the Management Discussion and Analysis for the company.
•Be sure to update your table of contents before submission.