Question $1(1$ point$)$

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After receiving a $90-$day letter, the taxpayer has $90$ days to:

Question $1$ options:

a$)$

Pay any outstanding tax, interest, and penalties

b$)$

Appeal the dispute to the Tax Court

c$)$

Either a or b

d$)$

Neither a nor b

Question $2(1$ point$)$

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Which statement is correct as to the conduct of IRS income tax audits?

Question $2$ options:

a$)$

Office audits are conducted at the office of the IRS.

b$)$

An office audit involves a line$-$by$-$line review of the taxpayer$$s return.

c$)$

The most common type of Federal income tax audit is the field audit.

d$)$

A correspondence audit usually is concluded after a meeting with the taxpayer at the IRS auditor$$s office.

Question $3(1$ point$)$

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Which statement is incorrect as to the conduct of IRS income tax audits?

Question $3$ options:

a$)$

Most IRS examinations of Forms $1040$ are conducted solely through the mail.

b$)$

The office audit occurs less frequently than all other audit types.

c$)$

The IRS publishes the factors that its computers use for audit selection purposes annually in the$$Commissioner$$s Report.

d$)$

For a Form $1040$ that is filed on April $11,$ if the taxpayer has not received an audit notification from the IRS by the end of the year, the return still may be audited.

Question $4(1$ point$)$

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Young$-$Eagle files her $2022$ Form $1040$ on July $1,2023.$ The Federal tax statute of limitations for this return expires on:

Question $4$ options:

a$)$

April $15,2025$

b$)$

July $1,2026$

c$)$

July $1,2025$

d$)$

Never for a late$-$filed return

Question $5(1$ point$)$

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Young$-$Eagle files her $2022$ Form $1040$ on March $1,2023.$ The Federal tax statute of limitations for this return expires on:

Question $5$ options:

a$)$

March $1,2026$

b$)$

April $15,2026$

c$)$

April $15,2025$

d$)$

April $15,2027$

Question $6(1$ point$)$

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The tax law requires that all paid tax preparers:

Question $6$ options:

a$)$

Have a current Preparer Tax Identification Number $($PTIN$).$

b$)$

Hold a bachelor$$s degree.

c$)$

Hold a bachelor$$s degree in business or economics.

d$)$

Complete at least $20$ hours or continuing education courses every year.

Question $7(1$ point$)$

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A tax preparer is in violation of Circular $230$ if he or she:

Question $7$ options:

a$)$

Files a tax return that includes a math error.

b$)$

Fails to inform the IRS of an error on the client$$s prior$-$year return.

c$)$

Charges a fee to prepare an original Form $1120$ equal to one$-$third of the taxpayer$$s refund due.

d$)$

All of these are Circular $230$ violations.

Question $8(1$ point$)$

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The Statements on Standards for Tax Services are issued by the:

Question $8$ options:

a$)$

IRS

b$)$

AICPA

c$)$

ABA

d$)$

SEC