Question
1. You have a small business client in your state and your client starts to sell new stuff on Ebay through their online store. They
1. You have a small business client in your state and your client starts to sell new stuff on Ebay through their online store. They get a notice from a state that they have never lived in or have never set foot in stating that they owe that state Sales Tax Revenue for the stuff they have sold in that state. They heard from a friend that there is nothing to worry about but they thought that they should contact you just in case. What do you tell them? Elaborate.
2. You have some elderly clients and they want to start giving stuff away so the government can't take it. What do you tell the husband and wife? Elaborate.
3. You have a widow who comes into your office and sad that her husband recently passed away but he is "set" as she was the beneficiary to his life insurance policy in the amount of $1,000,000 which her late husband owned. She is concerned that she will have to pay taxes on the proceeds. What do you tell her? Elaborate.
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