Creation and Termination of All Types of Entities
Massachusetts Association of Accountants
Joseph B. Darby III presented "Creation and Termination of All Types of Entities," at this one day seminar sponsored by the Massachusetts Association of Accountants (MAA). Mr. Darby discussed all common business entities used in Massachusetts, including a C corporation, an S corporation, an LLC and certain specific uses of limited partnerships and other entities. He examined the choice of entity decision, the advantages and disadvantages of each vehicle in the life cycle of business activities, as well as issues that arise on the sale of assets and distribution and liquidation of each type of entity.