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9 Discussion 1
Top of Form
“Estate
Tax Calculation”:
Estate taxes are complex and require great skill
to navigate for complex estates. Based on the e-Activity, evaluate the estate
tax formula. Propose where the taxpayers are most likely to abuse or make
mistakes in applying the formula that will most likely result in an IRS audit.
Support your proposal with examples.Take a position on
the fairness of the current estate tax laws and recommend changes you would
propose to the law to make estate taxes fairer and/or a rationale for
eliminating gift taxes. Provide support for your rationale.Week
9 Discussion 2Top of Form
“Estate
Tax Planning”:
You are a CPA and a client engaged you to help
them with estate planning. The client has a horse farm that is worth millions
and lots of stocks. Evaluate the rules related to estate taxes and propose a
plan to the client that eliminates or reduces their estate tax liability.
Support your plan with examples. Analyze the rules
regarding generation skipping transfer tax. Based on your analysis, compare the
pros and cons of using this and propose an alternative. Support your proposal
with examples
