Create a draft audit response letter rebutting proposed wash sale additions for a wealth management firm’s high-asset individual client with hundreds of brokerage transactions

Generate create a draft audit response letter rebutting proposed wash sale additions for a wealth management firm’s high-asset individual client with hundreds of brokerage transactions for Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

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Allowed: PDF

Max size: 25MB

Upload the complete IRS audit letter including proposed wash sale adjustments (Form 4549, Form 886-A, etc.)

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Max size: 50MB

Complete transaction history showing all buys, sells, and dispositions with accurate wash sale calculations
Select the client's investor classification for audit response strategy
Identify the primary technical challenge in the proposed IRS adjustments
Select the tax year(s) involved in the wash sale adjustments
Select the strongest legal foundation for challenging the IRS position
Your firm's relationship and representation authority with this client
Select response timeline based on IRS deadlines and client needs
Identify approach for gathering supporting evidence
Provide critical background on investment strategy changes, major life events, or portfolio rebalancing that occurred during wash sale period
Define acceptable resolution outcomes for client
Document any circular 230 considerations, conflicts of interest, or state board notification requirements