If you discover a client has not complied with the tax laws, or made an error in or omission from a tax return: Select one: O a. You must notify the client of the consequences of the noncompliance, error, or omission. O b. You must prepare an amended return correcting the noncompliance, error, or omission and file it with the IRS on behalf of your client. O c. You must refuse to prepare any future tax returns for that client. O d. You must notify the IRS Immediately of the noncompliance, error, or omission. Oe. All of these O f. None of these

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter26: Tax Practice And Ethics
Section: Chapter Questions
Problem 39P
icon
Related questions
Question

Q. 1

 

If you discover a client has not complied with the tax laws, or made an error in or omission from a tax return:
Select one:
O a. You must notify the client of the consequences of the noncompliance, error, or omission.
O b. You must prepare an amended return correcting the noncompliance, error, or omission and file it with the
IRS on behalf of your client.
O c. You must refuse to prepare any future tax returns for that client.
O d. You must notify the IRS immediately of the noncompliance, error, or omission.
Oe. All of these
O f. None of these
Transcribed Image Text:If you discover a client has not complied with the tax laws, or made an error in or omission from a tax return: Select one: O a. You must notify the client of the consequences of the noncompliance, error, or omission. O b. You must prepare an amended return correcting the noncompliance, error, or omission and file it with the IRS on behalf of your client. O c. You must refuse to prepare any future tax returns for that client. O d. You must notify the IRS immediately of the noncompliance, error, or omission. Oe. All of these O f. None of these
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
SWFT Comprehensive Vol 2020
SWFT Comprehensive Vol 2020
Accounting
ISBN:
9780357391723
Author:
Maloney
Publisher:
Cengage
SWFT Comprehensive Volume 2019
SWFT Comprehensive Volume 2019
Accounting
ISBN:
9780357233306
Author:
Maloney
Publisher:
Cengage
SWFT Corp Partner Estates Trusts
SWFT Corp Partner Estates Trusts
Accounting
ISBN:
9780357161548
Author:
Raabe
Publisher:
Cengage
Income Tax Fundamentals 2020
Income Tax Fundamentals 2020
Accounting
ISBN:
9780357391129
Author:
WHITTENBURG
Publisher:
Cengage
SWFT Essntl Tax Individ/Bus Entities 2020
SWFT Essntl Tax Individ/Bus Entities 2020
Accounting
ISBN:
9780357391266
Author:
Nellen
Publisher:
Cengage
SWFT Individual Income Taxes
SWFT Individual Income Taxes
Accounting
ISBN:
9780357391365
Author:
YOUNG
Publisher:
Cengage