I’m working on a Accounting question and need guidance to help me study.
Write a tax memo, using prescribed format, correct grammar, spelling, and citations, of at least 4 pages (double spaced) on the following tax research problem.
Taxpayer has a complicated tax life with the following problems:
A. Her business, Pot Pots, has lost money the last two years; prior to that it made a little profit for two years.
B. She was given a gift by a supplier of her pots.
C. Ms. Pot has given several of her pots to organizations which support pot use for medicinal purposes.
D. Ms. Pot has taught several pottery classes at a local college and, in return, the college has given her clay which she can use in her business.
“example of Tax memo is attached “
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