ASSIGNMENT QUESTIONS Specific Assignment Questions are as follow:
(2) Write a memorandum to Forrow Jones and Nena Taylor describing other forms of businesses that can be pursued that will allow them to separate their ownerships. Briefly emphasize the potential federal income tax impact to each of them (and the business entities where appropriate) of the other forms of business.
**** Please answer the above question. I have attached the attachment that you need to answer this question. Thank you if you have any questions please let me know