Paralegals who are assisting in providing services to a sole proprietorship should not
A) advise the sole proprietor with regard to the income tax consequences of doing business as a sole proprietor.
B) assist with the preparation of state and fed- eral forms to comply with state and federal taxation requirements.
C) draft and file an application for a certificate of assumed name when that document is required.
D) draft and file an application for employer identification number when that document is required.
Correct Answer:
Verified
Q1: When a sole proprietor uses an assumed
Q3: The sole proprietorship is dissolved by filing
Q4: A certificate of assumed name is filed
Q5: When hiring an employee, the sole proprietor
Q6: The application for employer identification number must
Q7: A sole proprietorship certificate must be obtained
Q8: The sole proprietor's liability for the actions
Q9: The number of sole proprietorships in the
Q10: The income of sole proprietorships in the
Q11: Advantages to transacting business as a sole
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents