Covered Opinion

Essay specific features

 

Issue:

Business

 

Written by:

Jerry D

 

Date added:

July 12, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 356

 

Was viewed:

3369 times

 

Rating of current essay:

 
Essay content:

(1) The main reason most taxpayers obtain opinion letters from the tax professionals is the good faith and reasonable basis defense against the accuracy related penalties. (2) The opinion letter must provide the practitioner’s opinion as to the likelihood that the taxpayer will prevail on the merits for all significant federal tax issues, and must also provide the practitioner’s overall conclusion that the tax treatment of the relevant transaction is the proper treatment...
displayed 300 characters

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(1) The main reason most taxpayers obtain opinion letters from the tax professionals is the good faith and reasonable basis defense against the accuracy related penalties. (2) The opinion letter must provide the practitioner’s opinion as to the likelihood that the taxpayer will prevail on the merits for all significant federal tax issues, and must also provide the practitioner’s overall conclusion that the tax treatment of the relevant transaction is the proper treatment...
displayed 300 characters

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