In the past ten years, a taxpayer purchased 100 shares of a particular mutual fund at varying times and prices. He sold 70 shares on a specific date this year. He seeks your advice regarding the tax impact of the sale.
a. What is your initial role here?
b. How might your role change in the future?
c. What facts must you uncover?
e. What are some ways you can discover the relevant facts?
d. What do you think is the research question/issue?