An accountant friend of yours tells you that he almost never does any tax research because he
Question:
An accountant friend of yours tells you that he “almost never” does any tax research because he believes that “research usually reveals that some tax planning idea has already been thought up and shot down.” Besides, he points out most tax returns are never audited by the IRS. Can a tax adviser who is dedicated to reducing his client’s tax liability justify the effort to engage in tax research? Do professional ethics demand such efforts? Which approach would a client probably prefer?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (18 reviews)
Tax research serves two major functions a Alerting the tax advisor to planning opportunities and doc...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
South Western Federal Taxation 2018 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781337386173
21st Edition
Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
Question Posted:
Students also viewed these Business Law questions
-
A corporate treasurer tells you that he has just negotiated a five-year loan at a competitive fixed rate of interest of 5.2%. The treasurer explains that he achieved the 5.2% rate by borrowing at...
-
The president of Bright Corporation tells you that he sees a dim future for his company. He feels that his hands are tied because fixed costs are too high. He says that fixed costs do not change and...
-
The manager of the donut shop tells you that he sells donuts for $1 each, and that if he were to make additional donuts, based on his current level of output, it would cost him $0.80 per donut. Do...
-
Lucy just started a new job and her employer offers a 457 plan. She is currently 30 and plans to retire at 65, her goal is to have $1,200,000 in her 457 plan when she retires. How much does she need...
-
Calculate the YTM for the following bonds. a. A 12 percent, 20-year bond with a current price of $975 b. A 6 percent, 10-year bond with a current price of $836 c. A 9 percent, 8-year bond with a...
-
Seven hundred adults who eat ice cream regularly were asked about their favorite ice cream. The following table gives the two-way classification of their responses. a. One adult is randomly selected...
-
Should medical advice be dispensed on the telephone? Explain your opinion.
-
In 2018, Ginger Graham, age 46 and wife of Greg Graham, engaged in the transactions described below. Determine Ginger's gift tax liability for 2018 if she and Greg elect gift splitting and Greg gave...
-
Question 68 3 pts On July 1, 20x1, Sanchez Corporation acquired 3,000 shares (20% ownership) of Beal Corporation common stock at $40 per share plus brokerage fees of $600. The investment of $120,000...
-
If you could relate materiality, disclosure, and conservatism to types of measurements (nominal, ordinal, interval, and ratio scale), how would you do so?
-
Is there an automatic right to appeal to the U.S. Supreme Court? If so, what is the process?
-
Locate the following Code provisions, and give a brief description of each in an e-mail to your instructor. a. 61(a)(13). b. 643(a)(2). c. 2503(g)(2)(A).
-
If an item costs $10 and you apply a 60 percent markup, what would be the items price? If you used keystone pricing in this case, what then would be this items price?
-
The following vector field is given: \(\mathbf{A}=\frac{1}{2} x^{2} \hat{\mathbf{i}}-x y \hat{\mathbf{j}}+x y z \hat{\mathbf{k}}\). Check whether the field is irrotational.
-
A rectangular slab of the same size and arranged in the same way as that in the question 4 has a surface density that varies with position according to the function \(\sigma(x, y)=a_{0}+a_{1} x y\)...
-
Suppose that the universe of available risky securities consists of a large number of stocks, identically distributed with E(r) = 15%, = 60%, and a common correlation coefficient of = .5. a. What...
-
An ideal spring that is initially compressed is released at the initial time to throw an object of mass \(m=60 \mathrm{~g}\) upward. The body reaches a height \(h=2.0 \mathrm{~m}\) from its initial...
-
The vector field of the question 6 is given. Determine the value of its divergence at the point \(\mathrm{P}\) of Cartesian coordinates \((2,4,3)\). Question 6 The following vector field is given:...
-
Instead of randomly assigning the groups into those who receive DOT and those who do not, the researcher identified a group that received DOT and a group that did not and observed the two groups for...
-
Test whether the 5-year survival rate for breast cancer is significantly different between African American and Caucasian women who are younger than 50 years of age and have localized disease....
-
Olivia, a calendar year taxpayer, does not file her 2017 Form 1040 until December 12, 2018. At this point, she pays the $40,000 balance due on her 2017 tax liability of $70,000. Olivia did not apply...
-
Maureen, a calendar year individual taxpayer, files her 2016 return on November 4, 2018. She did not obtain an extension for filing her return, and the return reflects additional income tax due of...
-
Troy predeceases his wife, Nell. Under his will, his estate is placed in trust, income for her life to Nell, remainder to his children. Regarding any marital deduction allowed to Troy's estate,...
-
How many stars will be printed on the screen when the following piece of code runs? for (int i = 1; i
-
Create Unified Modeling Language (UML) diagrams for the following classes. Cellphone : It carries manufacturer, modelNumber and Price info.
-
please explain from your perspective what are the benefits of using a data dictionary? List the three elements Unified Modeling Language understanding and practical example.
Study smarter with the SolutionInn App