Test - Ethics (2019).docx - Test - Ethics (2019) Question 1...

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Test - Ethics (2019)Question 1 of 22.A tax preparer's high ethical standards protect the tax preparer through all of the following EXCEPT:Providing a quality product that helps them increase client retention.Minimizing the risk of being subject to preparer penalties.Showing integrity in the return preparation process.Eliminating the need for preparer due diligence notes.
Mark for follow upQuestion 2 of 22.A tax preparer asks probing questions to protect:
Mark for follow upQuestion 3 of 22.The IRS has the authority to assess a monetary penalty to which of the following?
Question 5 of 22.Rachel is the qualifying child of Greta, her grandmother, and Lisa, her mother. Greta's AGI is $22,000, and Lisa's AGIis $14,000. Both Greta and Lisa want to claim Rachel. Can you prepare a return for Greta claiming Rachel for theEarned Income Tax Credit (EITC)?
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Term
Fall
Professor
NoProfessor
Tags
Taxation in the United States, tax preparer s high ethical standards

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