What advice would you give the polks


Problem

In the late 2012, the Polks come to you for tax advice. they are considering selling some stocks investments for a loss and making a contribution to a traditional IRA. in reviewing their situation, you note that they have large medical expenses and a casualty loss , neither of which is covered by insurance. what advice would you give the Polks?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: What advice would you give the polks
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