RESEARCH PROJECT 2 PROMPT
For this research project, you will consider a very practical question. While it may initially seem unrelated to the Christian worldview, as you study it, you will see that it has deep implications for the Christian businessperson and the Kingdom of God. The issue is: “which form of business organization is best for a client in a given situation and how should that entity be taxed?”
As noted, at first blush, this very practical question may seem to have very little to do with the Christian worldview. That conclusion, however, would be in error. The Bible is a very practical book and it is concerned with every facet of our lives. There is no part of the universe over which Jesus is not Lord (See, e.g., Matthew 28:18). Accordingly, there is no part of our lives with which He is not concerned.
Further, we as Christians should be good stewards of what God has given us, and we should be about the business of being fruitful and multiplying and taking dominion over the Earth (See, e.g., Genesis 1:28–31, 9:1 and 7). A primary means for accomplishing these goals is through just commercial activity conducted through business enterprises.
Consider this: the Pilgrims and Puritans who settled what is now Massachusetts did so via the business organization known as a Joint Stock Company. Business enterprises have developed cures for various diseases. They have built skyscrapers that tower over the landscape like mountains and dug vast tunnels under the sea beds. Businesses have been essential in accomplishing this amazing level of dominion over the earth and helping us to be fruitful and multiply and fill the earth just as God commanded.
Therefore, choosing the right business organization form and tax regime for a new business is very much a God-honoring endeavor. With that said, now consider the following fact pattern for this research project:
Alex, Bill, Carl, and Devon inherit from their Dad an operating organic farm in New State. The...