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Technical Tax Letter – Personal Injury Accounting

I’m stuck on a Accounting question and need an explanation.

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The main info needed is in attached ICW Tech Tax

looking for 2 pages or more double spaced


This is a summary of important information upon you are basing your letter and/or the information the client provided to you. Only relevant facts belong here; do not begin your analysis in this section


This section contains the questions you will be answering or the problem you will be trying to solve, in question format. No other information should be included in this section.


In this section, you will provide your reasoning, analysis, and support for your conclusions. In other words, this section will contain any information that you used to help answer the questions posed in the Issue section. If you are quoting, paraphrasing, or referring to any accounting standards, etc., they will generally be in this section and properly cited.


In this section, you will summarize and conclude with any answer(s) to the question(s) raised in the Issues section, so that your reader fully understands.