Reference no: EM133419389

Question: Primary Task Response: Within the Discussion Board area, write 300-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. One typically thinks of C corporations as large companies. These corporations are publicly traded and are required to be structured as C corporations. However, not all C corporations are large; many are small, closely held, and even single-shareholder corporations. Your client may intends to structure his company as a C corporation. In Using a minimum of 300-500 words, list and discuss the requirements that need to be met when structuring a business as a C corporation. II Explain some advantages and disadvantages of using the C corporation as a legal structure. I Finally, how might officers ofthe corporation be compensated (for example, the sole shareholderfchief executive officer), and what implications does this have on that officer's personal tax situation and the tax situation for the corporation?