Overview
You will prepare a PowerPoint presentation for this assignment. Download the Unit 5 IP Template to complete the assignment.
Effective communication is essential in tax research and providing tax advice, so addressing methods or types of communication will help you create well-informed and client-focused communication.
A tax professional or researcher may provide formal communication of tax research results on behalf of a client to other tax professionals using a research memo or a client letter. For this assignment, complete the following:
- Describe a research memo and a client letter.
- What are the differences between a research letter and a client memo? Include the primary purpose of each document, the intended audience, how the documents are structured or formatting requirements, the tone and language appropriate for each document, and any other major differences.
Note: Providing illustrations or images of a research memo and a client letter is appropriate for the presentation.
The tax professional may also communicate to their client by providing tax advice through oral or written communication. Include the following in your presentation:
- Explain the difference between communicating tax advice through oral versus written communication, and describe 2 benefits and 2 drawbacks of using each type of communication in providing tax advice.
- Describe 1 example of an oral communication method and 1 example of a written communication method used by practitioners to conveniently communicate information to the client. Compare both communication methods.