Under Circular 230, an accountant is only required to notify her client if she becomes aware of an error in her client's tax returns. She is not required to prepare and file an amended return or to notify the IRS. Discuss the ethical reasons for this policy. Do you agree, or do you believe that the accountant should be required to take affirmative action to correct the return? Explain briefly

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The policy under Circular 230 where an accountant is only required to notify her client if she becom... View the full answer