Answer:
Both the tax practioner and the assessee will be liable for penalties under IRS 6695(a)
Explanation:
When a tax preparer is paid to arrange the tax return of a client they must follow preparer due diligence laws.
This is the case when the preparer is trying to get a refund of earned income tax credit, child tax credit, American opportunity tax credit, or filing of head of household status.
The effect on the tax preparer's client include:
- refund of amounts collected in error because of wrong return
- a two year ban from claiming credits if error is due to recklessness
- a ten year ban if error is as a result of fraud
The consequences for the tax preparer includes:
- for each requirement not met a $500 penalty
- suspension from the IRS e-file
- a ban from tax preparations
- in cases of fraud criminal charges can be made
When managers delegate work, three transfers occur. the three transfers are responsibility, authority, and accountability
Answer:
The problem of deciding or choosing how to satisfy unlimited wants with limited resources is called economic problem
Answer:
bundle pricing
Explanation:
Bundle pricing
Bundle pricing is a marketing strategy in which company want to sell their products and services in price lower than they actually charge. The reason behind inducing bundle pricing is to allow customer to have more services and products by giving them discount.
In other words bundle pricing is mean to offer heavy discount in order to make huge profit by selling their products in large number.
