Problem:
Four physicians decide to form a medical group practice.
1. Describe two different forms of business organization that are suitable for this purpose and what actions must be taken and documents that must be prepared to complete each organizational process. Please be specific.
2. What are the advantages and disadvantages to recommending a "tax pass through" entity for a medical practice?
3. Which form would you recommend and why? Be sure to describe your analytical criteria.
Additional Requirement:
This question belongs to Law and it discusses about a scenario where four physicians decide to form a medical group practice. The different forms of business organizations that are suitable for this purpose have been discussed in the solution.
Total Word Limit: 112 Words