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Robert E. Grant is interested in starting a business that will take tourists on 4-day excursions around the northern part of Georgia to view and hike around historical American Civil War sites. This will involve providing transportation to and from his home base in Athens Georgia, as well as food and transportation, and lodging during the 4-day excursion. Before starting his business, there are a number of things he wants to make sure of. First, he wants the business income to flow directly to his own personal tax return. Second, he wants to make sure that his personal assets, such as his home, are not at-risk due to any type of legal problems his business may run into, such as an injury to a client, or difficulty in paying financial obligations of the business. Third, he wants to make sure that he maintains as much control as possible over the operations of the business. Basically, Grant needs the answer to two questions…

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7y ago

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