A tax return preparer may prepare a tax return solely based on information furnished by a client:
A) If the information appears to be reliable on its face
B) Even if the information appears to be inconsistent with reality
C) Even if the preparer knows facts that would make a person question the authenticity of the furnished information
D) As long as the taxpayer agrees in writing to accept full responsibility for the authenticity of the furnished information
Correct Answer:
Verified
Q10: For CPAs solely engaged in professional tax
Q11: A tax return preparer generally has a
Q12: The use of estimates on a tax
Q13: A paid tax return preparer estimated a
Q14: A taxpayer ordinarily should not assert a
Q16: A taxpayer wishes to assert a tax
Q17: Preparing a client's tax return solely based
Q18: In asserting a tax position,the reporting standard
Q19: The "Cohan Rule" states that:
A) A taxpayer
Q20: The Statements of Standards on Tax Services
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