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The Overall Requirement of the Internal Revenue Service Circular 230

Question 7

Multiple Choice

The overall requirement of the Internal Revenue Service Circular 230 is to ensure that tax professionals:


A) Know their clients
B) Always develop tax plans for their clients
C) Make tax planning suggestions that, even if they don't have a chance of success, will save the client some money in the short-term
D) Never develop tax shelters
E) Only be professional accountants

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