TAX $655$ Project One Milestone Write an analysis of the impact of tax laws and incentives as demonstrated in this current year$$s tax return.

Specifically, you must address the following:

Explain the relevant tax laws and regulations for the client company.

Determine the tax and financial impact on the organization of relevant tax laws.

Explain the advantages and rationale of the client company conducting a thorough cost$-$benefit analysis. Consider the following in your response:

Difference between revenue earned and costs savedImpact of estimated costs and benefitsGoal of the tax liability reduction

Describe the ethical considerations of a tax preparer. Reference Circular $230$ to support your argument.$$