Milestone Two for TAX 660 in Module 6

Operating the Business A. Determine the appropriate inventory cost flow assumption for a merchandising business. [TAX-660-02] B. Determine the appropriate overall business accounting method (cash, accrual, hybrid). [TAX-660-02] C. Make a recommendation for the appropriate depreciation method and asset lives, including whether or not to make use of the availability of bonus depreciation under §168(k) D. Determine the appropriate fiscal year end for a recommended business entity. [TAX-660-02] E. Explain the tax implications related to multijurisdictional operations of a business, including interstate and international considerations. [TAX660-02] F. Compose a memorandum to stakeholders, including an executive summary of your recommendation and a detailed support section. [TAX-660-05]