Question: In preparing a client s tax return for this year, you discover the prior accountant made an error in calculating the taxpayer s net operating
In preparing a clients tax return for this year, you discover the prior accountant made an error in calculating the taxpayers net operating loss NOL The error results in the NOL carryforward to this year being overstated by $ You inform your client of the error. The client still wants you to prepare this years tax return using the incorrect $ NOL carryforward amount. Under Circular can you do what the client requests?
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