Identify the tax issue or issues suggested by the following situation, and state each issue in the

Question:

Identify the tax issue or issues suggested by the following situation, and state each issue in the form of a question.
Firm Z is considering implementing a long-term tax strategy to accelerate the deduction of certain business expenses. The strategy has an because it de-creases before-tax cash flows, but the tax savings from the strategy should be greater than this The strategy is aggressive, and the IRS might disallow the intended tax outcome if it audits Firm Z’s tax returns.
Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...