Do read the Tax Accounting discussion question carefully and provide the appropriate opinion. The local CPA Society is presenting its annual tax conference. Most of the attendees will be career tax professional who work with smaller clients. You have been asked to submit an outline for you talk When to Use a consolidated Tax Return: Federal Tax Issues. Organize an outline that lists the advantages and disadvantages of a consolidated election. Include at least five points in each category. Keep your points at the introductory level, as most of the members of your audience know the rest of the tax law well but do not work regularly in this area. Write details ideas on it please.