Which of the following does not result in a minimum $55 fine for an income tax preparer?
Question:
Which of the following does not result in a minimum $55 fine for an income tax preparer?
a. Failure to provide a tax preparer identification number
b. Cashing a refund check for a customer
c. Failing to keep any record of the returns prepared
d. Failing to provide a copy of their prepared return to a customer
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
B The penalty ...View the full answer
Answered By
Akshay Singla
as a qualified engineering expert i am able to offer you my extensive knowledge with real solutions in regards to planning and practices in this field. i am able to assist you from the beginning of your projects, quizzes, exams, reports, etc. i provide detailed and accurate solutions.
i have solved many difficult problems and their results are extremely good and satisfactory.
i am an expert who can provide assistance in task of all topics from basic level to advance research level. i am working as a part time lecturer at university level in renowned institute. i usually design the coursework in my specified topics. i have an experience of more than 5 years in research.
i have been awarded with the state awards in doing research in the fields of science and technology.
recently i have built the prototype of a plane which is carefully made after analyzing all the laws and principles involved in flying and its function.
1. bachelor of technology in mechanical engineering from indian institute of technology (iit)
2. award of excellence in completing course in autocad, engineering drawing, report writing, etc
4.70+
48+ Reviews
56+ Question Solved
Related Book For
Income Tax Fundamentals 2023
ISBN: 9780357719527
41st Edition
Authors: Gerald E. Whittenburg, Steven Gill
Question Posted:
Students also viewed these Social Science questions
-
Which of the following does not result in a minimum $50 fine for an income tax preparer? a. Failure to provide a tax preparer identification number. b. Cashing a refund check for a customer. c....
-
Which of the following does not accurately summarize auditors requirements regarding internalcontrol? Public EtityNonpublic E a. Understanding b. Documenting c. Evaluating control risk d. Test...
-
Which of the following does NOT accurately describe homologous pairs of chromosomes? Homologous chromosomes code for the same genes. Homologous pairs contain one chromosome inherited from the father...
-
An individual has capital losses brought forward from previous years amounting to 4,800. Compute the individual's taxable gains for 2020-21 if total gains and losses for the year are as follows:...
-
For a data set obtained from a sample, n = 20 and x. It is known that = 3.1. The population is normally distributed. a. What is the point estimate of ? b. Make a 99% confidence interval for . c....
-
A soda vendor at Louisiana State University football games observes that the warmer the temperature at game time the greater the number of sodas that are sold. Based on 32 home games covering five...
-
Repeat Problem 9.4 without centering the regressors and compare the results. Which approach do you think is better? Data From Problem 9.4 Find the condition indices and the variance decomposition...
-
Limestone (calcium carbonate) particles are stored in 50-L bags. The void fraction of the particulate matter is 0.30 (liter of void space per liter of total volume) and the specific gravity of solid...
-
1. Explain the difference between private self-concept and public self-concept. 2. Explain the difference between actual self-concept and ideal-concept. 3. Explain the difference between an...
-
1. Treating Cost/Mile as the dependent variable, develop an estimated regression with Family-Sedan and Upscale-Sedan as the independent variables. Discuss your findings. 2. Treating Value Score as...
-
Which of the following has a six-year statute of limitations? a. Depreciation b. Salaries c. Travel and entertainment d. A return in which the taxpayer omitted gross income in excess of 25 percent of...
-
Which of the following tax preparers may not represent their clients in all IRS proceedings? a. An enrolled agent b. A certified public accountant c. An attorney d. All of the above may represent...
-
What is the difference between a Eurocredit, a Euronote, and a Euro-medium-term note?
-
Read the following paragraph carefully and answer the question that follows: Clearly, a parallel exists between ecology where humans are viewed as an external factor (disturbance) to the natural...
-
Farm Fresh Foods Inc. (FFF) is a new food distribution company that has been profitable since the second month of operations. It has arranged with Smith LLP, an accounting firm, to conduct an...
-
How much would $1,000,000 due in 100 years be worth today if the discount rate was 5%? If the discount rate was 20%?
-
Please read the following quoted remark from Ausubel (1996) very carefully: Segments of the energy economy have advanced impressively toward local ceilings of 100 percent efficiency. However, modern...
-
How is the order in which items are shown on the balance sheet determined?
-
What is the composite part concept, as the term is applied in group technology?
-
A firm offers two products for sale. The marginal cost of one product is new zero once the first unit has been produced. The marginal cost of the other product rises as output rises. What would be...
-
Which of the following statements is true about the corporate alternative minimum tax? a. The corporate alternative minimum tax only applies to small corporations. b. The corporate alternative...
-
Quince Corporation has taxable income of $450,000 for its calendar tax year. Calculate the corporations income tax liability for the year before tax credits
-
Fisafolia Corporation has gross income from operations of $220,000 and operating expenses of $160,000 for the current year. The corporation also has $20,000 in dividends from publicly traded domestic...
-
The team has been tasked to solve an issue within the call center of XYZ . Briefly describe the steps and one CI tools per step you would use to solve the issue?
-
A country is dealing with a serious macroeconomic problem. The country recently suffered from a natural disaster, and many of its industries have been devastated . It does not have the capacity to...
-
Aaron's Regulation alludes to a bill presented in the US Congress in 2013. However the bill didn't pass Congress, it was named for the enduring impact of Aaron Swartz, web trend-setter and extremist,...
Study smarter with the SolutionInn App