You are a CPA working for an international public accounting firm. One of your clients has been audited by the IRS and assessed a deficiency in the amount of $250,000. Your client would like to litigate the matter and is seeking your counsel in his determination of the best judicial forum. He informs you that due to a recent divorce he has very little funds avaiable. Explain to your client about pretrial discovery and trying to minimize the costs associated with it, and about the entire cost of the litigation process.

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Certainly let me explain the concept of pretrial discovery and how to minimize the associated costs as well as provide an overview of the entire cost ... View the full answer