Under the AICPA’s Statements on Standards for Tax Services, what is the tax practitioner’s professional duty in each of the following situations?
a. Client erroneously deducts $5,000 (instead of $500) on a previous year’s tax return.
b. Client refuses to file an amended return to correct the deduction error.
c. Client informs tax practitioner that client incurred $200 in out-of-pocket office supplies expenses.
d. Client informs tax practitioner that client incurred $700 in business related entertainment expenses.
e. Tax practitioner learns that the exemption amount for single taxpayers has been increased by $1,000. Client is a single taxpayer.