Intermediate
Estate Tax & Step-Up in Basis Analysis
Calculates the tax benefit of the 'step-up' in basis for inherited assets.
Calculate the tax benefit of the 'step-up in basis' for the heirs of {deceased_name}. Asset: {asset_description}. Original Cost Basis: {original_basis}. Fair Market Value at Date of Death: {fmv_at_death}. Explain how this eliminates capital gains tax on the appreciation of {appreciation_amount} upon sale.Related Prompts
Tax
BeginnerCorporate tax return workplan and data request list
Creates a corporate tax return workplan and a targeted data request list tied to key schedules. Useful for tax seniors coordinating compliance and ensuring completeness.
GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Tax
IntermediateBook-to-tax reconciliation (M-1/M-3 style) with JE suggestions
Builds a book-to-tax reconciliation and identifies permanent/temporary differences with documentation notes. Useful for tax provision and return preparation.
GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Tax
IntermediateDepreciation book vs tax (MACRS/IFRS) schedule tie-out
Compares book depreciation to tax depreciation, identifies differences, and prepares supporting schedules. Useful for both compliance and provision teams.
GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2