ACCT 542 California State Northridge Tax Consulting Services Case Study

Don't use plagiarized sources. Get Your Custom Essay on
ACCT 542 California State Northridge Tax Consulting Services Case Study
Just from $13/Page
Order Essay

Assume you quoted a very reasonable fee and payment arrangement in exchange for likely settling the IRS’s $100,000 tax debt for $5,000 to $10,000 in a lump sum settlement payment.

Assume you also gently informed Jane of Jim’s tax problem and she took it well and was eager
to help him resolve his problem by providing him with up to $10,000 from her savings to settle
his debt.

Assume you also provided great advice on how to minimize the chance of an audit on Jim’s 2019
corporate tax return, and how to set a salary so as to avoid audit issues with the IRS in the future
with respect to his corporate tax return.

Assume you felt you bonded with them like you never bonded before with any other prospective
clients, and that Jane was eager to get started, but Jim said: “thank you so much; here is the $225.

we owe you for your time; you’ve given us a lot to think about and we need time to absorb it,
and look at our options about what you advised; we will be back in touch early next week with
our decision.” Two weeks pass. You try to follow up by e-mail and leave voice mail messages,
but you are being ignored by Jim.

1) What could have gone wrong? Did you do something wrong from a tactical or strategic point
of view? What was it, if anything?

2) What could you have done differently to potentially avoid this result?
3) Did you provide a valuable service at the meeting? If so, how can we measure the value?

4) Do you feel like you provided way more value than the $225 you collected? Why,

5) Do you measure the value you provided based on your time invested and your hourly rate, or
based on the likely result you can achieve for the client?

6) Can you, and should you, measure the value you can provide based on the client’s perception
of the value of your work you will provide?

7) In this case, which specific problems identified by Jim would provide the highest value to him
if you performed those tasks or solved those problems?

8) How valuable, measured in low, medium or high, is your ability to deliver the bad news to
Jane of Jim’s $100,000 pre-marital tax liability?

9) How valuable is your ability to manage her reaction so that she deals with it well and the
relationship is not materially affected in a bad way?

10) What could have been the result if Jane was informed of Jim’s tax problem by a CPA that
did not have the same level of people skills, compassion and empathy that you exhibited to
achieve the positive outcome with Jane? Could the marriage have been in trouble?

11) How much would Jim “pay” today to avoid a breakdown of the marriage? Is it fair for you
to measure your services value that way? Is it ethical?

12) If it doesn’t seem right to put a dollar value on that, should we at least explore with Jim the
possibility that severe turmoil can be caused in the marriage? Should we consider outside help
of a marriage and family therapist? If so, why?

13) Do you think you and Jim could have come to an agreement on fees before you informed
Jane of the tax issues (and provided the huge value of helping them maintain favorable marital
relations)? If so, what will you do next time you have to agree upon fees and there is a lot of
value you can deliver to a client’s situation?

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with AssignmentsPros
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Life Saver!!!!
Customer 452443, February 6th, 2021
Art (Fine arts, Performing arts)
Thank you.
Customer 452453, March 13th, 2021
Thank you!!!
Customer 452443, August 2nd, 2021
YES! Thanks a lot!!!
Customer 452443, January 31st, 2021
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live Chat+1 (985) 289-4677EmailWhatsApp

Order your essay today and save 30% with the discount code ESSAYHELP