Everything flows through directly to your tax return (i.e. no double taxation)

To that end, the three most important reasons you may want to create an entity are liability protection, asset protection, and taxation.

Do you think a better alternative would be a masters in accounting or taxation...or finance?

Below is a taxation issue your seller is facing, not Dodd Frank. ------------------------------------------------------------------------------------------------- Your sellers are exposing themselves to a "Disguised Installment Sale" to the IRS.

Assets; the value changes depending on the purpose of the evaluation of the asset, are we looking for market value, book value or for taxation purposes?

Accrual, running inventory under LIFO or FIFO only has advantages in taxation when costs of inventory adjust to raising or falling prices of parts or unfinished goods that are held over your accounting period, as in inflationary periods or long holding periods.

However, while much of the information is universally applicable, those areas related to financing, regulation, and taxation will be different here in Canada from the U.S.A.

Many foreign investors will find themselves being assessed tax at the same rates as US individuals.

Many companies incorporate and form Series LLC in either NV or TX, because of the protections provided in those states and the low taxation on entities. 

He attempting to avoid the most tax at all costs.