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1.Harry and kinda taken are in their golden years. discuss the best tax reduction method for...

1.Harry and kinda taken are in their golden years. discuss the best tax reduction method for them to use in reducing their estate taxes.
2. Mrs. Hubbard, a mother of two, has been aelected dor an audit. Advise her in what to do to prepare for the audit ans what to do if the audit does not turn iur favorably?
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The best tax methods to deduce outgo of taxes is to invest in government oriented senior citizen and young age schemes of housing where inflation indexing benefits on long term capital gains is received which can be claimed if it is reinvested in another property and secondly interest costs are also saved asper Income tax laws of US. This reduces overall net payments on real estate purchases.

In an audit one must be prepared enough of all details and blueprint of projects undertaken and must be able to convey rationalise for finalising projects before an auditor. One must have blueprint and know intricacies of the task being audited and must have influential power to persiade auditir of what is technically correct and what is not. On emust know organisation budget, laws and protocol before an audit.

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