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Melinda has been referred to you by one of your clients.In the past,she has prepared her own income tax returns,but she has become overwhelmed by the increased complexity of the tax law.Consequently,Melinda wants you to prepare her return for calendar year 2010.In reviewing her 2009 return,you note that she has claimed as a deduction the entire cost of a business building that should have been capitalized and depreciated.What course of action should you follow?
Irrevocable
Inability to be recalled or revoked; permanent and unchangeable.
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A small, lightweight television set designed for easy transportability and convenience, enabling viewing in various locations.
Breach of Contract
Not meeting any obligation of a contract, regardless of it being formalized in writing or orally, without a justified legal justification.
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