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Beige Company Has Approximately $250,000 in Net Income in 2010

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Beige Company has approximately $250,000 in net income in 2010 before deducting any compensation or other payment to its sole owner,Janet (who is single).Assume that Janet is in the 35% marginal tax bracket.Discuss the tax aspects of each of the following arrangements.(Ignore any employment tax considerations. )
Beige Company has approximately $250,000 in net income in 2010 before deducting any compensation or other payment to its sole owner,Janet (who is single).Assume that Janet is in the 35% marginal tax bracket.Discuss the tax aspects of each of the following arrangements.(Ignore any employment tax considerations. )

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