A tax preparer is in violation of Circular 230 if he or she: a. Fails...

50.1K

Verified Solution

Question

Accounting

A tax preparer is in violation of Circular 230 if he or she:

a. Fails to inform the IRS of an error on the client's prior-year return.

b. All of the above are Circular 230 violations.

c. Charges a fee to prepare an original Form 1120 equal to one-third of the taxpayer's refund due.

d. Files a tax return that includes a math error

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students