Below is an email from your client. Please review their research question and preparean internal memo to document your research findings

Memo :

The memo should include as well as the five basic memo parts:facts,issues,authorities,conclusion, andanalysis. It should be structured and written clearly and concisely.

MemoIdentification of facts and issues

Both open facts and closed facts that are relevant should be identified. Issues should be clearly linked to the facts of the research question.

MemoAnalysis of authorities

Relevant authorities include code sections, regulations, court cases, and revenue rulings that address the tax issues. There should be enough authorities to provide a clear understanding of the issue and interpretation of the law. The analysis of each authority should directly address the issues of the research question.

MemoConclusion

There should be one conclusion for each issue. Each conclusion should answer the question as briefly as possible and indicate why the answer is what it is

Email from Client:

From: Le Chiffre

Sent: Monday, March:PM

To: Vesper Lynd

Subject: Question about Early Retirement Withdrawals

Hello tax advisor,

In November ofI lost my job at the bank, where I had been employed for the past five years. It has been challenging finding the funds to support myself and my son who lives with me fulltime. I also am providing financial support for my daughter, who is studying English at San Diego State University. In order to pay the bills, I recently obtained a distribution of $from mykBecause I am still onlyI was told by a friend that I might be subject to penalties related to this withdrawal. My friend also told me that sometimes this penalty can be avoided, if the early distribution is related to sickness or a disability. In January of I was diagnosed with asthma. Every year I pay high medical costs related to inhalers and other prescriptions, office visits, and occasional hospitalizations. Not only would I have been unable to fund essentials for myself and my children, without the withdrawal I would not have been able to pay these necessary medical costs. When you have a few minutes free, could you let me know your thoughts about this issue? Does this distribution need to be included in my taxable income? Will there be any penalties assessed on top of the distribution? Does my asthma disability impact these answers in any way? As you know, I dont have funds to compensate you at this time. But when we met at my sisters wedding yesterday, you mentioned that you might be able to provide me with answers to my tax questions anyway?