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Unformatted text preview: “Forget about it,” she said. “I want you to act like you never saw this.” Tom is concerned that Mary may be evading taxes by not reporting income from the trust, and he is also concerned about the need to disclose the existence of the foreign trust on her tax return. Should Tom immediately withdraw from the engagement without discussing it further, try to convince Mary to report the foreign trust and any related income, report the incident to the IRS or other authorities, and continue to do consulting for the company?...
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This note was uploaded on 10/22/2011 for the course ECON550 ECON550 taught by Professor Diannabonina during the Spring '10 term at Strayer.
- Spring '10