In a modern, industrial society, the tax system is derived from several disciplines. Identify the disciplines that play this role in the United States. Explain how each of them affects the U. S. tax system.
Answer to relevant QuestionsIn 2011, the IRS finalized regulations requiring that tax return preparers who prepare all, or substantially all, of a federal tax return (for compensation) be subject to new requirements. Discuss these requirements. Why do ...The elements of tax practice fall into what major categories in addition to tax research? An individual who for compensation prepares or assists with the preparation of all or substantially all of a tax return or claim for refund is subject to the duties and restrictions relating to practice in subpart as well as ...What threshold does SSTS No. 1 provide for a tax practitioner regarding tax return positions? Could disclosure of the position influence that threshold? What is tax planning? Explain the difference between tax evasion and tax avoidance and the role of each in professional tax planning.
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