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Chose two to three areas of partnership tax (for example, basis, contributions, accounting periods, accounting methods, gain recognition, and/or losses) and explain to your client how they may apply to their situation.

Your clients are expressing interest in forming a partnership to sell rare books through bookstores across the county. They are not aware of the complexities concerning partnership tax. Chose two to three areas of partnership tax (for example, basis, contributions,...

research your Secretary of State, Division of Corporations or something similar depending upon the state and describe the process for registering your business, including fees and annual filings.

For this Discussion, you need to first read and begin the Week 1 Assignment. For the business structure you select in the Week 1 Assignment, research your Secretary of State, Division of Corporations or something similar depending upon the state and describe the...