Assume that after reviewing your presentation for the Unit 10 Assignment where you compare and contrast different types
Posted: Fri Jul 01, 2022 9:05 am
Assume that after reviewing your presentation for the Unit 10Assignment where you compare and contrast different types ofbusiness entities, Daniel Hudson and the other partners havedecided to convert eHarbour from a general partnership to a limitedliability company (LLC). Discuss the steps that the company musttake to convert from a general partnership to a limited liabilitycompany in the State of Florida.
In addition, discuss whether the new limited liability companyshould elect to be treated as a subchapter S Corporation for taxpurposes and what steps are needed to take the S Corporationelection.
In addition, discuss whether the new limited liability companyshould elect to be treated as a subchapter S Corporation for taxpurposes and what steps are needed to take the S Corporationelection.