1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vagabundo [1.1K]
3 years ago
7

Amanda Jones is a tax practitioner who is representing Sean and Diane Smith before the Wage and Investment Division of the Inter

nal Revenue Service. The IRS is questioning Sean and Diane on contributions that were listed on their 2018 Form 1040. While reviewing the documentation provided by Sean and Diane, Amanda discovers contributions that were made to a non-qualified organization. What is the appropriate action for Amanda to take? A. Amanda must advise Sean and Diane on how to keep the inaccuracy from being discovered by the IRS B. Amanda must advise Sean and Diane promptly of the inaccuracy and the consequences provided by the Internal Revenue Code and Regulations C. Amanda must notify the Internal Revenue Service that she is no longer representing Sean and Diane by withdrawing her Form 2848 D. Amanda must immediately advise the Internal Revenue Service examiner of the non-qualified contributions
Business
1 answer:
algol133 years ago
8 0

Answer:B. Amanda must advise Sean and Dianne promptly of the inaccuracy and the consequences provided by Internal Revenue Code and Regulations.

Explanation:

Sean and Dianne have probably engaged Amanda at the end of the tax year and they are to face implications of the transactions as it relates to tax matters, Amanda is to provide them with legislation in relation to the matter to educate them in future tax transactions.

You might be interested in
Direct marketing ___________.a. is synonymous to word-of-mouth marketing. b. seeks the same objectives as personal selling strat
Alenkinab [10]

Answer: the correct option is E.

Explanation: Direct marketing can be referred to as an advertising strategy that implements an individual distribution of a sales pitch directly the to potential customers. The delivery systems used here, include, mail, e-mail, texting, and calls.

This method of marketing is called direct marketing because it is usually carried out without the use of middleman such as advertising media. This is because it will make no economical sense to utilize the media to market to just one particular customer.

Therefore, the direct method of marketing is not used in combination with other forms of promotional media.

8 0
3 years ago
Establishing general ledger accounts opening balances will always be zero true or false
Inessa [10]

True, When establishing general ledger accounts opening balances will always be zero. A ledger is a full record of all transactions over the lifetime of a company. When the company is first starting out, there is a zero balance because transactions have not been put on the ledger yet. The longer the company is in business, the more transactions there will be on the ledger.

6 0
3 years ago
There Are Those Who Would Argue That Homosexuality Cannot Be Changed. Nor Should It Need To Be. What Do You Say?
Oksana_A [137]
I don't think that this question should be here, honestly. It could either be a normal discussion, or it could turn into a breeding ground for hate. 

Everyone has an opinion. Let's not share them.
4 0
3 years ago
Read 2 more answers
Smart embezzlers realize that when making false journal entries, reducing ____ is not a good concealment method.Group of answer
Annette [7]
Answer is D. time spent making a journal entry
4 0
4 years ago
Claude holds a large number of shares of Bayou Beauty, a regional brewing company that is considered a likely takeover target by
ziro4ka [17]

Answer: sold the company to the larger brewer.

Explanation:

Based on the information given, it would be in Claude's financial interest if Bayou Beauty's owners sold the company to the larger brewer.

The reason for this is that the same of the company to the major international brewer will result in long term performance and dividends.

6 0
3 years ago
Other questions:
  • The value proposition does not serve to:
    8·1 answer
  • 6. Grammar and Mechanics - Apostrophes and Other Punctuation Punctuation marks such as apostrophes, parentheses, dashes, and quo
    14·1 answer
  • Which of the following characteristics would you expect QRT Software to have? Check all that apply. In this company, decision ma
    15·1 answer
  • Compared to a command and control government approach to reducing​ pollution, a​ market-based system of tradable pollution allow
    15·1 answer
  • How can a business support the community​
    6·2 answers
  • Melinda Stoffers owns and operates ABC Print Co. During February, ABC incurred the following costs in acquiring two printing pre
    10·1 answer
  • Select the correct answer.
    8·1 answer
  • A foreign branch bank operates like a local bank, but legally Group of answer choices a branch bank is subject to only the banki
    9·1 answer
  • Auditors-Are-Us LLC, audited the financial statements of LINKCO Industries, a private company, for the year ended December 31, 2
    9·1 answer
  • Which of the following is not a correct way of calculating a liquidity ratio?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!