Could I get help with this part of the question:

I. MemorandumA. Recommendatypeofbusinessentityfortheclienttoconsiderbasedonyourtaxresearch.Considerjustifyingyourrecommendationusingthecode and regulations that relate to the business entity.B. Differentiate between accrual accounting and cash basis. Based on the type of business and the client?s accounting system, what is the imp actwhen revenue is recognized?C. Based on the decision of accrual vs. cash basis, describe when revenue would be recognized on the sale of inventory, and how the accrualreporting differs from cash basis.D. Determine the economic impact on the client?s financial situation. Based on your decision, determine the potential tax liability, keeping in mindappropriate Internal Revenue Code and Treasury regulations.E. Identify the tax consequences on the sale or exchange of the land consistent with capital gain rules. Consider the selling expense, broker?s fees,closing costs, appraisals, and surveys and the correct schedule form to complete.F. Justify whether or not the client should choose a business entity that has limited liability protection. Be sure to include possible future liabilityissuesbasedonthepotentialeconomicimpactandappropriateInternalRevenueCodeandTreasuryregulations.G. Describe the tax effect on the recommended business entity and the impact it will have on the client?s personal tax return. Consider addressinghow the business entity affects the completion of the 1040 tax form.

Fraud WorldCom Richard Pehrson March 25 2016 ELEMENTS THEORIES OF CAUSATION EVIDENCE REGULATORY AND LEGAL FACTORS 2