TAX 655 Milestone Four Guidelines and Rubric You will submit a draft of your conclusion.

TAX 655 Milestone Four Guidelines and Rubric
You will submit a draft of your conclusion. You will compare and contrast the advantages of each type of business entity that the client may select, summarize
the alternative involving the possibility of liquidating the business using rationale, and, finally, summarize the alternative of transferring the business activity,
providing justification based on tax research, code, and regulation. This assignment will address Section II: Conclusion.
Specifically, the following critical elements must be addressed:
II. Conclusion
A. Compare and contrast the advantages and disadvantages of the sole proprietorship, the partnership, the S corporation, and the C corporation
as a tax vehicle that could meet the client’s need for accounting information about the business. Consider providing justification for why the
client would not necessarily choose the other business entities.
B. Summarize the alternative involving the possibility of liquidating the business, using rationale based on tax research, codes, and regulations.
C. Summarize the alternative of transferring the business activity, providing justification based on tax research, codes, and regulations.
Guidelines for Submission: Your paper must be submitted as a 2- to 3-page Microsoft Word document with double spacing, 12-point Times New Roman font,
one-inch margins, and at least three sources cited in APA format.
Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information,
review these instructions.
Critical Elements
Conclusion: Advantages and
Disadvantages

Conclusion: Liquidating the
Business

Conclusion: Transferring the
Business Activity

Proficient (100%)
Compares and contrasts
advantages and disadvantages of
all the business entities as tax
vehicles to meet the client’s needs
Summarizes the alternative choice
involving liquidating the business,
using tax research, governing rules,
and regulation
Summarizes the alternative choice
involving transferring the business
activity using tax research,
governing rules, and regulations

Needs Improvement (75%)
Compares and contrasts
advantages and disadvantages of
all the business entities but details
are either incomplete or inaccurate
Summarizes the alternative choice
involving liquidating the business
but details are either unclear for
target audience or cursory
Summarizes the alternative choice
involving transferring the business
activity but details are either
unclear or cursory

Not Evident (0%)
Does not compare and contrast
advantages and disadvantages of
all the business entities

Value
30

Does not summarize the
alternative choice involving
liquidating the business

30

Does not summarize the
alternative choice involving
transferring the business activity

30

Articulation of Response

Submission has no major errors
related to citations, grammar,
spelling, syntax, or organization

Submission has major errors
related to citations, grammar,
spelling, syntax, or organization
that negatively impact readability
and articulation of main ideas

Submission has critical errors
related to citations, grammar,
spelling, syntax, or organization
that prevent understanding of
ideas
Total

10

100%