During the tax research process, the exercise of attaining and understanding the client's facts and combining those facts with the tax preparer's knowledge of the tax law is referred to as identifying the issues.
What is tax research process?
The tax research process is known to be made up of steps such as:
- The evaluation of the available facts so as to know the legal issues therein.
- To formulate the right tax question (or questions) to be researched. Preliminary research, etc.
Therefore, During the tax research process, the exercise of attaining and understanding the client's facts and combining those facts with the tax preparer's knowledge of the tax law is referred to as identifying the issues.
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