As a member of the staff (CLC) team assigned

 

As a member of the staff (CLC) team assigned to work with Dave you are assigned the individual task of developing a summary of the legal restrictions placed on the client, the areas of tax planning that should provide the taxpayer with the services needed, and what sources of tax law should be used by the staff team.

Dave has informed the tax partner-in-charge that he plans to bring his wife, children, brother and sister into the operation and ownership of his businesses. He expresses a desire to begin at the end of the current tax year to make gifts to his children of cash and ownership interests.

You are to work independently of the CLC Team but use the CLC report being developed for Module Five with the anticipation that your work will be merged with that of other staff members.

Please refer to the assignment grading rubric at the assignment’s drop box for information regarding how the assignment will be graded. Prepare a two- to three-page (double-spaced) report with the required information to be submitted by the end of Module 6.

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