Question
Research the topic and write a six to eight (6-8) page paper in which you: Research the U.S. Tax Code to determine the manner in
Research the topic and write a six to eight (6-8) page paper in which you:
Research the U.S. Tax Code to determine the manner in which deferred compensation is taxed. Conclude whether the treatment is reasonable. Provide support for your conclusions. Provide one example of the tax treatment of deferred compensation. Discuss whether the taxation of this income harms taxpayers in general. Propose an alternative to the taxation of deferred compensation that would be fair to all taxpayers and support the financial needs of the federal government. Indicate substantive ways in which your recommendation would achieve fairness to taxpayers and the United States Treasury. Research recent IRS audit activities related to deferred compensation to determine the most frequent types of deferred compensation that would most likely trigger an IRS audit. Propose a strategy that you would use to defend a client facing an IRS challenge on deferred compensation. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
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