When you research a tax question for a client, you write a memo to the file summarizing your research so that staff in your firm can access it later as needed.

Tim Smith asked four questions during to annual client tax meeting. Prepare a tax file memo (format in chapter two of the textbook) that addresses the following questions:

1. What is a quid pro quo contribution? Offer one or more examples.
2. What are the disclosure requirements related to a quid pro quo contribution?
3. What is a content acknowledgment from a charity? Offer one or more examples.
4. What is the substantial compliance doctrine?

Requirements of Problem 8 B

1. Prepare a tax file memo (follow tax file format in chapter two of the textbook). Write your response using Microsoft word.
2. Locate primary sources within Checkpoint Edge and use these primary sources to support your written response.
3. Embed the permalinks to the primary sources in your response.Embed Permalinks (00:27)
4. Avoid quotations and use your own words to highlight your command of the subject.

A 'partial' list of primary sources

170 Charitable, etc., contributions and gifts.

6115 Disclosure related to quid pro quo contributions.