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October 2, 2019

Letter to Clients

Accounting, APA, College

37303Early next year, Kate and Sam Smith will inherit $200,000. Kate and Sam are trying to decide how to invest this money and have asked you, their tax accountant, to look into some potential investment opportunities. Please see the attached excel spreadsheet, where you will complete the annual after-tax rates of return column for each investment opportunity you have identified. Include in a letter to them a brief summary of the federal income tax rules regarding their situation, a copy of the completed spreadsheet and a list of the three basic tax planning strategies

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