Saturday, 21 January 2017
WEEK 3 ASSIGNMENT 1 ACC 575
WEEK 3 ASSIGNMENT 1 ACCOUNTING 575 Follow this link to get this tutorial:
Create an argument supporting the following premise: The requirements of Circular 230, as well as the consequences related to violations of the compliance rules for individual or corporate taxes, have reduced tax fraud activity.
Suggest what you believe to be the most flagrant ways in which tax preparers violate IRS Circular 230 rules, and provide a rationale for your response. Propose the most likely IRS penalty for the violation identified, and recommend the most important alternative action(s) that the IRS could take to prevent this type of violation in the future.
3. Evaluate the current Circular 230 requirements to practice before IRS, and recommend at least two (2) new requirements for tax practitioners that would improve overall ethical behavior and compliance and avoid IRS penalties. Support your recommendation with examples.