Business, 02.03.2020 17:49, misrachel03

You are a CPA. You have just finished one of your client’s taxes and found that he owes $10,000 more in taxes than he expected. You need to inform your client of the bad news. Which outline would be most appropriate in this situation?(1) I. Provide bad news II. State the facts A. Unexpected income B. Change in tax codes III. Apologize IV. Close with goodwill(2) I. Express appreciation for trusting you to handle taxes II. Explain situation A. Unexpected income B. Change in tax codes III. Inform the client he owes an additional $10,000 in taxes IV. Close with a forward-looking statement(3) I. Inform the client he owes an additional $10,000 in taxes II. State the facts A. Unexpected income B. Change in tax codes III. Close with a forward-looking statement

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:00, tipbri6380

The new york stock exchange is an example of what type of stock market?

Answers: 1

continue

Business, 22.06.2019 17:40, gabe2111

Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc

Answers: 2

continue

Business, 22.06.2019 19:40, yoyo80431

Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership

Answers: 3

continue

Business, 22.06.2019 20:40, ninjaben

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e. g. $2.55.) diluted earnings per share

Answers: 3

continue

Do you know the correct answer?

You are a CPA. You have just finished one of your client’s taxes and found that he owes $10,000 more...