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Use the Internet to research a recent legislative proposal on gross income inclusions.
“Gross Income – Inclusions” Please respond to the following:
From the e-Activity, summarize the recent proposal that you researched. Then, evaluate the pros and cons of the proposal and recommend whether or not such a system should be implemented. Provide your opinion to either how this proposal will harm or benefit taxpayers. Support your response with evidence and examples.
Research the recent IRS audits and findings for tax code violations related to income inclusions. Based on your research, assess the high-risk areas and how you discuss these risks with a client.
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