Lana operates a real estate appraisal service business in a small town serving local lenders. After noting that lenders must pay to bring in a surveyor from out of town, she completes a course and obtains a surveyors license that enables her to provide this service also. She now provides both services as a proprietor. What tax issues should Lana consider? In your response, include issues with Lanas entity type (i.e., proprietor), and identify any accounting methods she needs to consider or recommendations you have to reduce her exposure.

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