Prepare a power point presentation on the topic: "Operating income vs$.$ taxable

income $-$ financial accounting vs$.$ tax accounting" for your use as a$)$ in$-$house

training at your employer firm or b$)$ as a business development presentation by

your firm to current or potential clients. You are to choose the topic.

Some emerging issues are stated below, only as suggestions. More important,

however, is a topic you consider to be important because of your interest, skill or

expected usefulness. The goal of this assignment is to provide you with a valuable

tool to advance your career.

The presentation will cite Code provisions and other authority that you find in the

research process.

Some issues to consider:

Expected tax changes after the next election

Rebates for electric vehicle purchases

Expanded IRS enforcement

Next steps after an unsuccessful audit

Operating income vs$.$ taxable income $-$ financial

accounting vs$.$ tax accounting

Avoiding IRS penalties