Han and Leia have come to you for tax help for their 2020 tax year. What issues does their set of facts present to you as their tax advisor? What advice do you have for them? Please make any assumptions that you need in order to address and respond to the issues presented by the fact pattern. Clearly state the assumptions that you make. It is advisable to utilize a memorandum style in which you address the facts, issues, analysis and conclusions. Support your answers with cites to code, regulations, cases, rulings, IRS publications or other research data. Unsupported conclusions without proper analysis will not win you points with the firm’s senior partner (me). Good luck.

There are at least ten (10) tax issues that you should be able to identify and explain. Some of the issues may have calculations attached to the answers whereas others may just require a substantive explanation. 

It is advisable to utilize the IRAC method in answering the final.

Issue: what is the issue presented by the fact pattern?

Rule: what is the rule of tax law that governs the fact pattern?

Analysis: apply the rule of tax law to the facts (may include calculation of necessary)

Conclusion: state the outcome of you analysis

Answer rating: 100% (QA)

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