Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if a tax professional thinks that the irs might qu

If a tax professional thinks that the IRS might question an item on the tax...

70.2K

Verified Solution

Question

Accounting

If a tax professional thinks that the IRS might question an item on the tax return, what action can they perform?

A: Leave the information off the return.

B: ask the taxpayer to provide written and signed the statement in order to be attached to the return

C: Use the Notes section in the tax software to include an explanation or ADDITIONAL INFORMATION.

D: Make a decision to the file return based on the likelihood of the return being an audit.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1a. List and describe 3 types of epigenetic inheritance. 1b. Describe the process of translation termination. 1c.What...

Biology
Q

A plant breeding class scored the seed color and leaf morphology phenotypes of a dry pea...

Biology
Q

Your leader wants you to evaluate the difference in cycle time between three different offices. Describe...

Statistics
Q

Read the case study entitled ‘PremiumSoft: Managing creative people’ at the end of this assignment and...

General Management
Q

This functional group consists of three hydrogen atoms bonded to one carbon atom Which functional...

Biology
Q

tre as urway eriously on 13 h appropriate response

Statistics
Q

Find the possible numbers of positive and negative real zeros for the function f x...

Calculus
Q

6 5 N W 3 2 6 5 4 3 2 1 1 1 2...

Algebra
Q

Lewis Company's standard labor cost of producing one...

Accounting
Q

Materials Variances Cinturon Corporation produces high-quality leather belts. The company's plant in Boise uses a...

Accounting
Q

Date Account Titles and Explanation Dec. 31 Prepaid Insurance Cash Debit (To record insurance used)...

Accounting
Q

DH Company has provided the following information on intangible assets: A patent was purchased from...

Accounting