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Please can some expert edit my writing for me. Thanks Assignment Title: Tax Compliance Assignment Description In the process of completing a tax return, your

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Please can some expert edit my writing for me. Thanks

Assignment Title: Tax Compliance Assignment Description In the process of completing a tax return, your client, Sam Rhodes, refused to provide evidence to support some rather large deductions for business travel. He stated, "Oh, I don't know about receipts. Just put it down and if and when the IR:S questions me, I'll worry about receipts then.'" Write a letter to Mr. Rhodes explaining why you cannot prepare a tax return showing these deductions unless he can provide the receipts. Remember the importance of tact and diplomacy in this awkward situation. Use proper format effective organization, and appropriate style. Invent any information you feel is necessary to complete your letter Dear Rhodes Thank you for been my customer for the last three years and I appreciate doing business with you. Concerning your tax preparation for this year, since you have refused to provide evidence in the form of receipts to support some rather large deductions for your business travels, I write this letter to let you understand the need and benefit for having receipts to support all that you provide on your tax return When preparing your annual income tax returns, filers may decide to take a standard deduction or itemize their expenses. For the 2017 tax year, the standard deduction is $6,340 for single taxpayers and $12,700 for those who are married and filing jointly Filers who choose for the standard deduction, retention of their receipts are not important for tax purposes. However, if a filer choose to itemize their deductions, the taxpayer is supposed to keep receipts and good records in order to prove, or substantiate, their expense as valid. The IRS allows filers to deduct the cost of tools equipment, supplies, protective gears, professional dues such as union dues or membership to professional organizations, subscriptions to professional journals, and even expenses you pay for your business travels and a host of others. The rule of thumb among experts concerning receipt keeping is seven years, although Internal Revenue Service, may consider shorter periods for some items Any filer who prepares income tax returns, and choose to itemize deductions, instead of standard deduction is subject to Internal Revenue Service audit. To prove the validity of any deductions at audit will be from the receipts and records you provide. Also the ability to support your accounting records with proper receipts helps in managing your business effectively. With all these reasons shown above, I will encourage you to provide receipts for every item you intend recording on your tax returns, especially large deductions. This will create credibility and confidence in all your business dealings. For anything, do not hesitate to contact me. Yours Sincerely

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