OBJECTIVE The objective of this exercise is to perform appropriate research and analysis and to prepare a report with recommendations to a client. The client is an individual who is interested in having has much tax free savings as possible in the form of ROTH accounts. The client is age 62 and his wife is age 63. They file a joint tax return and currently have adjusted gross income of about $300,000. The client’s salary and bonus are about $250,000 per year, the wife is self-employed with about $30,000 in self-employment earnings each year. They do not expect any significant changes in these levels of earnings and income for the next five to eight years. They believe that ROTH accounts are the preferred long-term savings arrangement since all earnings and distributions are tax-free. They do not plan to make any withdrawals or take any distributions from these accounts, hoping to pass their ROTH accounts on to their children as tax-free savings vehicles. They are very interested in knowing how they can maximize the amount of money they can contribute to ROTH accounts and subsequently transfer to their children. The client is very quantitatively oriented and so would be very interested in knowing the actions they should take and the amounts that can be accumulated each year to meet this objective. The client is a participant in his company’s profit-sharing plan which has a cash or deferred arrangement (CODA) or 401(k) feature. He owns a majority of the company’s stock. REFERENCE SOURCES You may use any reference sources available. Primary and secondary sources should be used. For purposes of this project:. Primary sources of tax law include the Constitution, legislative history materials, statues, treaties, Treasury Regulations, IRS Pronouncements, and judicial decisions. Secondary sources include IRS publications, including letter rulings, General Counsel Memoranda, and instructions for completing forms, the Bluebook, tax periodicals, as listed in your textbook, other legal periodicals, treatises, and legal opinions. Tertiary sources include other materials related to the subject. Referencing the website, such as “www.irs.gov”, is not an acceptable reference citation. Such a citation is no difference than referring to the “library”.
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.