According to Circular 230, what should a CPA do upon discovery of an error in a client's prior-year return?
A)Notify the IRS of the error.
B)Inform the client of the error and its tax consequences.
C)File an amended return for the client.
D)Do nothing.

Question

Quizplus · Accepted Answer

Circular 230 requires a CPA to inform the client of any errors discovered in a prior-year return and the potential consequences of those errors. It does not mandate notifying the IRS directly, filing an amended return without the client's consent, or ignoring the error.

According to Circular 230, What Should a CPA Do Upon