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Magic Kingdom is being audited by the IRS; one of the years under audit is 2020. Donald tells you the IRS has requested that he

Magic Kingdom is being audited by the IRS; one of the years under audit is 2020. Donald tells you the IRS has requested that he sign forms 870 and 872 (in his capacity as the owner and CEO of Magic Kingdom). Prepare a short client letter to Donald, CEO, describing these forms so that he knows what the IRS is asking him to sign.

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Subject Understanding IRS Forms 870 and 872 Regarding Your 2020 Tax Audit Dear Donald As you knowMagic Kingdom is currently under audit by the IRS for ... blur-text-image

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