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"Tax Determination and Gross Income Inclusions" Please respond to the following:
Imagine that a client has hired you to file a tax return. The client is married, and you have prepared a joint return for the couple for the past five (5) years. The client tells you that the other spouse may not have disclosed all income sources, but the client is not certain of this. Analyze the various filing options that could protect this client from IRS actions, and recommend the filing option that protects your client from an IRS audit.
From the e-Activity, summarize the recent proposal that you researched. Compare and contrast the pros and cons of the proposal, and recommend whether or not the proposal should be adopted.