Description

TAX 655 Module Eight Activity Guidelines and Rubric

Scenario

Throughout this course, you have been required to explore resources regarding business entities, ethical considerations, tax laws, and more. For this activity, you will become the expert and create your own financial recommendations. As a tax professional, you will be faced with many scenarios where you will be asked to make recommendations. In a PowerPoint presentation, provide an overview of the importance of planning financial goals and explain how to create tax strategy to align to client’s future goals. Be sure to consider the binding and persuasive authorities for tax laws while financial planning.

This activity will help you with Project Two, where you will be required to recommend an optimal improvement for a company’s future financial goals.

Directions

Create a 4- to 5-slide PowerPoint presentation slide deck with speaker notes outlining your financial plan for this client.

Specifically, you must address the following:

1. Describe the process of planning a client’s future financial goals. Consider the following in your presentation:
   1. The intake process and questions you will ask your clients
   2. Ensuring you have a strong understanding of your clients’ goals
   3. Preparation before a meeting
2. Explain the approach of ethical considerations during tax planning strategies to align with an organization’s future financial goals. Consider the following in your presentation:
   1. Refer to Circular 230 for tax practitioner responsibilities.
   2. Consider ways to protect yourself from liability issues.
3. Consider the current economic environment and its impact on future recommendations. Consider the following in your presentation:
   1. The effect of the current economic environment on client’s business
   2. Any tax incentives being offered
4. Discuss how to align client goals with current tax law. Consider the following in your presentation:
   1. Current tax laws
   2. Impacts of current tax laws on clients’ future goals

What to Submit

To complete this activity, you must submit the following:

Technology Presentation
Your submission should include a 4- to 5-slide PowerPoint presentation with appropriate formatting, font style, and spacing for a presentation. Each deliverable slide should contain speaker notes of 50 to 100 words per slide. Sources should be cited according to APA style.

Supporting Materials

The following resource supports your work on this presentation:

Tutorial: PowerPoint Speaker Notes Tutorial
This tutorial will show you how to create speaker notes for a PowerPoint presentation. You will also learn how to save and convert the speaker notes to a Word file for submission.

Module Eight Activity Rubric

Criteria	Exemplary (100%)	Proficient (90%)	Needs Improvement (70%)	Not Evident (0%)	Value
Planning a Client’s Future Financial Goals	Exceeds proficiency in an exceptionally clear, insightful, or sophisticated manner	Describes the process of planning a client’s future financial goals	Shows progress toward proficiency, but with errors or omissions; areas for improvement may include adding details related to the process of planning a client’s future financial goals	Does not attempt criterion	20
Approach of Ethical Considerations	Exceeds proficiency in an exceptionally clear, insightful, or sophisticated manner	Explains the approach of ethical considerations during tax planning strategies to align with an organization’s future financial goals	Shows progress toward proficiency, but with errors or omissions; areas for improvement may include adding details related to the approach of ethical considerations during tax planning strategies to align with an organization’s future financial goals	Does not attempt criterion	20
Current Economic Environment and Its Impact on Future Recommendations	Exceeds proficiency in an exceptionally clear, insightful, or sophisticated manner	Considers the current economic environment and its impact on future recommendations	Shows progress toward proficiency, but with errors or omissions; areas for improvement may include adding details related to the current economic environment and its impact on future recommendations	Does not attempt criterion	20
Align Client Goals With Current Tax Law	Exceeds proficiency in an exceptionally clear, insightful, or sophisticated manner	Discusses how to align client goals with current tax law	Shows progress toward proficiency, but with errors or omissions; areas for improvement may include adding details related to how to align client goals with current tax law	Does not attempt criterion	20
Clear Communication	Exceeds proficiency with an intentional use of language that promotes a thorough understanding	Consistently and effectively communicates in an organized way to a specific audience	Shows progress toward proficiency, but communication is inconsistent or ineffective in a way that negatively impacts understanding	Shows no evidence of consistent, effective, or organized communication	10
Citations and Attributions	Uses citations for ideas requiring attribution, with few or no minor errors	Uses citations for ideas requiring attribution, with consistent minor errors	Uses citations for ideas requiring attribution, with major errors	Does not use citations for ideas requiring attribution	10
Total:					100%