If a paid tax return preparer mistakenly discloses qualitative information,such as a client's address,but does not disclose any financial information appearing on the client's tax return,the tax return preparer:
A) Nonetheless is potentially subject to monetary penalties and possible imprisonment
B) Is potentially subject to monetary penalties but not criminal punishment
C) Is subject to a statutory fine of $1,000 per violation unless the preparer can demonstrate good cause
D) Not subject to monetary penalties or possible imprisonment because her misconduct was accidental
Correct Answer:
Verified
Q5: A CPA specializes in helping businesses evaluate
Q6: The federal tax law grants CPAs acting
Q7: A CPA wants to understand the difference
Q8: The duty of confidentiality applies to:
A) All
Q9: A client wants to discuss with its
Q11: The FBI is trying to locate a
Q12: if a paid tax return preparer discloses
Q13: If a paid tax return preparer intentionally
Q14: A car tire manufacturer guarantees that its
Q15: During the course of working on a
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