SOLVED:Post a 200-300-word response to the following discussion question by clicking on Reply. What is an inadvertent termination of an S election? How does an S corporation and its shareholders rectify an inadvertent termination? What could happen if a company fails to rectify the termination?

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ACC 455 Week 5 Complete Work ( Assignments And Dqs) – A Graded  ACC 455 Week 5 Learning Team Problem Set   Week Five DQ 1    Post a 200-300-word response to the following discussion question by clicking on Reply.                What is an inadvertent termination of an S election? How does an S corporation and its shareholders rectify an inadvertent termination? What could happen if a company fails to rectify the termination?   Week Five DQ 2   Post a 200-300-word response to the following discussion question by clicking on Reply. A C corporation has incurred substantial losses and the owners have decided to close the business. What considerations should the owners make in this termination? Should they consider making an S election and then later, terminating the S corporation? If you were their tax advisor, what would you recommend?