You discover that the client's previous tax returns from last year, which someone else prepared, listed a deduction of $3,000 in excess of the actual expenditure. This mistake was not intention and the IRS will probably not detect the error. You can change the error, which might cost the client additional liability. Another option would be to prepare the return from the previous year so that the mistake was yours. Create a price structure for each option. Indicate to the client that you want to meet to discuss these options.

For this assignment, feel free to add any additional information that you feel the client would want to know about each option (this can come from your own experiences, knowledge from other courses, etc). You can be creative with some of the information in the memo, such as name, date, etc.