Discussion Post
Explain why tax advisors caution people who are starting a new business that the tax costs of incorporating a business may be low while the tax costs of liquidating a business may be high. Additionally, provide examples of both costs associated with startup and liquidation. Solid academic writing is expected and any sources used should be cited. Participate in follow-up discussion by adding an example to your classmates' post regarding both startup and liquidating costs.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.