346Rsh01a (1) - ACCT 346 Research Exercise 01a Professional Standards Van Huynh Document Reference Any person who prepares for compensation or who

346Rsh01a (1) - ACCT 346 Research Exercise 01a Professional...

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ACCT 346 Research Exercise 01a: Professional Standards Van Huynh Document Reference Questions Your Answers U.S. Tax Code On-Line 1. What constitutes an “income tax return preparer” under IRC §7701? 2. Per IRC §6060, what information must the IRS have for every preparer? 3. Per IRC §6694, how can a preparer who takes a non-frivolous position on a return that does not have a realistic possibility of being sustained, avoid the $250 (now $1,000) penalty?
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  • Spring '13
  • WILSON
  • Accounting, Taxation in the United States, tax return preparer

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