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CSUN List of Deductions Shown on The Return that You Want to Audit Plan

CSUN List of Deductions Shown on The Return that You Want to Audit Plan

Question Description

Please second part of the project:

Prepare an audit plan

a. Prepare a list of twelve (12) deductions shown on the return that you want to audit. For each of these deductions that you list, provide a one or two sentences for each explaining why you have identified the deduction. In other words, explain why you feel there is a possibility the deduction may be improper/non-deductible, excessive/not reasonable, etc. b.Prepare a list of five (5) income items shown on the return that you plan ask about during your interview of the taxpayer or his representative.For each item, explain in one or two sentences why you selected these items and what inferences you are drawing from the amount of income, from the manner in which it is reported, from the label that is placed on it, from the category of income it falls under, etc

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