What are the advantages and disadvantages of changing the company organization from a sole proprietorship to an LLC? What are the advantages and disadvantages of changing the company organization from a sole proprietorship to a corporation?

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter19: Deferred Compensation
Section: Chapter Questions
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A. What are the advantages and disadvantages of changing the company organization from a sole proprietorship to an LLC? What are the advantages and disadvantages of changing the company organization from a sole proprietorship to a corporation?

B. Your mother is about to retire. Her firm has given her the option of retiring with a lump sum of $30, 000 or an annuity of $3,500 for 15 years. Which is worth more now, if an interest rate of 5 percent is used for the annuity?

 

Please please anwser that

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