Discussion Post
As discussed in the textbook, large accounting firms and other professional firms operate as limited liability partnerships (LLPs). Compare and contrast the advantages and disadvantages of an LLP form of business and a C Corporation. Suggest the significant tax reasons why a new entity would choose an LLP over a traditional partnership or a C Corporation.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.