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write a letter to your client discussing the facts of the tax question, identifying the relevant tax issues

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Hello can you help me with this question?In 2010, Jed James began planting a vineyard. The cost of the land preparation, labor, rootstock, and planting were capitalized. The land preparation costs do not include any non-depreciable land costs. In 2014, when the plants became viable, Jed placed the vineyard in service. Jed wants to know whether he can claim a deduction under section 179 on his 2014 income tax return for the costs incurred in 2010 with respect to planting the vineyard.;Require: 1. You will write a letter to your client discussing the facts of the tax question, identifying the relevant tax issues and communicating your conclusion and any advice.;2. You will write a memo to the tax file discussing the facts of the tax question, identifying the relevant tax issues, including appropriate citations, and communicating your conclusion and any advice.;The general outline is as follos;Paragraph 1: Identify the problem;Paragraph 2: Review the sources (code sections of tax law sources);Paragraph 3: Arrive a solution;It is important that you attach copies of code sections, revenue rulings, RIA analyses etc. that are cited in the discussion or that you used in arriving at the conclusion.;Additional Requirements

 

Paper#20889 | Written in 18-Jul-2015

Price : $32
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