RECOMMENDED!!Accounting: Tax Reform

  

Accounting: Tax Reform1. Research the most common tax loopholes used by
corporations and partnership to avoid paying federal income tax. Discuss two
(2) loopholes identified and what strategies you would recommend to the federal
government for closing these loopholes.2. Evaluate whether or not the federal government benefits
from allowing corporations to select S status.3. Discuss whether you believe the current gift tax laws are
fair to the taxpayer. Recommend a change that you would like to incorporate
into the tax code related to gift taxes.4. Create an argument for or against abolishing estate
taxes.5. Recommend an alternative to the current federal taxation
system that you believe would be fair to corporations and partnerships.
6. Use 4 to 6 external sources

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