Choose the response that accurately completes the following sentence. To meet one of the due diligence requirements
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Question:
Choose the response that accurately completes the following sentence. To meet one of the due diligence requirements of a paid tax preparer, it is not enough to ask more questions; tax preparers must also:
Audit the return.
Ask clients for two references to verify the information.
Perform employment verification checks on all Earned Income Credit clients.
Immediately document the questions asked and the client's responses.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: