Topics on Taxation

Instructions Review and reflect on the major topics in this course that address the various aspects of the accounting industry: 1. Tax Compliance 2. Tax Planning Strategies 3. Gross Income and Exclusions 4. Individual AGI Deductions 5. Individual Tax Computations and Tax Credits Write a research paper based upon an individual taxation topic or current issue that is of personal interest to you. It can be from the list above or can be from a different aspect of individual taxation that was discussed or researched in the course. Thoroughly research your topic to make judgments, explain processes, and provide recommendations or propose solutions for the issue. Explain the role of the IRS within your topic or issue; be sure to address the various standards and rules individuals must comply with. Then, determine why this particular topic is of interest to you and why other individuals should also share this same concern. Your submission should incorporate interactions with tax professionals. This could involve contacting the local IRS chapter in your area or engaging professional accounting organizations via social media. Be creative as you conduct your research. Support your paper with a minimum of five external resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included. Length: 10-12 pages, not including title and reference pages This assignment must demonstrate the following: —– An introduction along with subtitles to address the topics at hand. Including the conclusion at the end to sum up the topics discussed and its importance. —– Reviewed and reflected on the major topics in this course that address the various aspects of individual taxation to select a specific topic or current issue for the final research paper. —– Made judgments, explained processes, and provided recommendations or proposed solutions. Explained the role of the IRS. —– Addressed standards and rules that individuals must comply with. —– Assessed why this particular topic is of interest and why others should also share the same concern. —– Check for any grammar or punctuation error while making sure the sentence flow in a unified matter.

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