Under The Statements On Standards For Tax Services, A CPA May Recommend A Tax Return Position If The Position Is Frivolous And The Position Is Not Disclosed On The Tax Return. Standards for Tax Services, a CPA may recommend a tax return position if the position is frivolous and the position is not disclosed on the tax return. This statement is false.
A taxpayer wants to take a position on a tax return that the CPA determines is frivolous. However, the CPA and the taxpayer determine that the possibility of the return being selected for audit is remote and that even if the return is selected for audit the issue most likely will not be raised.
- Cannot sign or prepare the return .
The CPA concludes that a taxpayer's desire to comment on a tax return is frivolous. However, the CPA and the taxpayer come to the conclusion that it is unlikely that the return will be chosen for audit and that, even if it is, the matter most likely won't be brought up.
- A taxpayer is anybody who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation. Governments primarily obtain their funding through taxes, which are levied on both citizens and companies.
- A tax return is one or more forms submitted to a taxing body that include earnings, outlays, and other crucial tax data. Tax returns provide taxpayers the option to determine their tax burden, plan out their tax payments, or ask for refunds for any taxes they have paid in excess of what is required.
Complete question: Under The Statements On Standards For Tax Services, A CPA May Recommend A Tax Return Position If The Position Is Frivolous And The Position Is Not Disclosed On The Tax Return. True Or False? This problem has been solved! See the answer Under the Statements on Standards for Tax Services, a CPA may recommend a tax return position if the position is frivolous and the position is not disclosed on the tax return. True or False?
To know more about taxpayer visit:
brainly.com/question/14782474
#SPJ4
The problems that may arise if there is a slight higher
global temperature are the following;
-
Increasing of sea level due to the melting of
ice caps
-
Presence of alteration in ecosystem in which is
responsible of balancing the environment in the earth that we live in.
Answer: Option D
Explanation: Accumulated depreciation refers to the total amount of reduction in value that an asset has incurred upto a certain point of time. Depreciation is charged on fixed assets.
When a fixed asset is sold or discarded the accumulated deprecation of such asset is debited from the value to ascertain actual value of the asset.
If the selling amount received exceeds the actual value then a gain is recorded.
Hence from the above we can conclude that the correct option is D.
Answer:
9001
Explanation:
The number 9001 is placed after the word ISO, the Greek work for "oneness", to represent to international standard for quality management and assurance. ISO is not part of goverment bodies, but it is a federation of national standard bodies. ISO 9001 is an international quality standard, which demonstrate the ability of company to provide goods and service, which meet customer and regulatory requirement consistently. The firm try to reduce error before and after delivery of product to the customer, that exemplify the quality of product.
