Ethics & Responsibilities/Business Law For REG CPA
Ethics & Responsibilities/Business Law for REG CPA
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Ethics & Responsibilities/Business Law For REG CPA Exam With 100% Correct And Verified Answers
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Ethics & Responsibilities/Business Law for REG CPA
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Ethics & Responsibilities/Business Law For REG CPA
Ethics & Responsibilities/Business Law For REG CPA Exam With 100% Correct And Verified Answers
those who can practice before the IRS
Preparing and filing documents, corresponding with the IRS, rendering written tax advice, or representing client at hearings - Correct Answer-what constitutes pr...
Ethics & Responsibilities/Business Law For
REG CPA Exam With 100% Correct And
Verified Answers
Attorneys, Agents, and Enrolled Agents - Correct Answer-
those who can practice before the IRS
Preparing and filing documents, corresponding with the
IRS, rendering written tax advice, or representing client at
hearings - Correct Answer-what constitutes practice before
the IRS
Form 2848 - Correct Answer-power of attorney form to
allow an individual to represent a taxpayer before the IRS
Subpart A of Circular 230 - Correct Answer-addresses
authority to practice before the IRS
Subpart B of Circular 230 - Correct Answer-substantive
rules that govern tax practitioners, including CPAs
Subpart C of Circular 230 - Correct Answer-addresses
sanctions for violations regarding practicing before the IRS
Subpart D of Circular 230 - Correct Answer-procedural
rules for disciplinary proceedings
Section 10.20 - Correct Answer-requires prompt cooperation
with all IRS requests for information
Vendarsol
, Section 10.21 - Correct Answer-requires practitioner to
promptly notify client of an error or omission in their tax
return and its potential consequences
Section 10.23 - Correct Answer-discourages stalling of any
matters before the IRS
unconscionable fee - Correct Answer-a practitioner may not
charge this fee for representing a client before the IRS
contingent fee - Correct Answer-may not be charged by a
practitioner to a client, unless (1) connected with an
examination or challenge with 120 days, (2) claim for a
refund connected with statutory interest or penalties, or (3)
the accountant is representing the client in judicial
proceedings
Section 10.28 - Correct Answer-requires the practitioner to
promptly return any and all records needed for the client to
comply with federal tax obligations
Section 10.35 - Correct Answer-states that practitioners
must be competent, either through studying the relevant law
or consulting with experts
tax return preparer (TRP) - Correct Answer-any person
who prepares for compensation, or who employs one or
more persons to prepare for compensation, all or a
substantive portion of any return of tax or any claims for
refund of tax
Vendarsol
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