You are a certified public accountant. A client enters your office on April 14 with a...

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Accounting

You are a certified public accountant. A client enters youroffice on April 14 with a bag full of disorganized documents andreceipts. He asks you to prepare his tax return and would be happyto file an extension. However, the client expresses some urgencyand would like to file the actual tax return as soon as possiblebecause he says, “I should get a refund for all the hugedeductions.”When looking through the client’s documents andcompiling the tax return, you realize that there are not enoughsupporting documents for deductions that would result in a refund.Review the following to inform your discussion: Circular 230:Regulations Governing Practice Before the Internal Revenue Serviceand the Practitioners' Responsibilities in Complying With RecordsRequests.

Required:

Suggest two alternate solutions to communicate to the clientwhile being in compliance with Circular 230.

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solution As indicated by area 1022 of round 230 a CPA must show due industriousness while setting up the expense form for customers notwithstanding helping to document the profits comes in the extension due determination CPA must guarantee whether oral or composed archives to the Department of the    See Answer
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