A contingent fee is:
A) always allowed by Circular 230
B) a fee that is out of line with the value of the service provided
C) a fee based on a percentage of a taxpayer's refund on a tax return
D) all of the above

Question

Quizplus · Accepted Answer

A contingent fee is a fee that is dependent on the outcome of a service, such as a percentage of a taxpayer's refund on a tax return. Circular 230 does not always allow contingent fees, and they are not necessarily out of line with the value of the service provided.

A Contingent Fee Is