Two brothers and a friend are in the process of starting aninformation technolog

Two brothers and a friend are in the process of starting aninformation technology servicescompany. Each of the prospective partners has relevant experience and knowledge. The company will offer network and hardware support as well as selling software and hardware products.Please discuss at a minimum the following issues that should be considered in the planning and formation process:Discuss key legal andtax considerationsin planning the formation of a partnership and or LLC. Be sure to acknowledge interrelated connections between law and tax and their effects on each other.Offe important agreement terms and conditions that should be covered by any formal formation document such as a partnership agreement.