Question: Recommend an ethical compliance strategy based on the clients comments about a valuation discount on the family limited partnership that is consistent with Internal Revenue

Recommend an ethical compliance strategy based on the clients comments about a valuation discount on the family limited partnership that is consistent with Internal Revenue Service (IRS) Circular 230 and the American Institute of Certified Public Accountants (AICPA) Code of Conduct. Consider the clients cash constraints, economic impact over time, IRS Circular 230, and the AICPA Code of Conduct

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