Which of the following statements regarding Circular 230 is false?
A)Circular 230 applies to all tax return preparers.
B)Circular 230 defines practice before the IRS.
C)Circular 230 provides guidance as to the level of authority necessary for a CPA to take a tax return position.
D)Circular 230 applies to CPAs, enrolled agents, enrolled actuaries, and attorneys.

Question

Quizplus · Accepted Answer

Circular 230 does not apply to all tax return preparers. It specifically applies to those who are eligible to practice before the IRS, such as CPAs, enrolled agents, enrolled actuaries, and attorneys, but not all individuals who prepare tax returns are covered under its provisions.

Which of the Following Statements Regarding Circular 230 Is False