omissions and Advise the of yhe consequences of not amending the previous years return Make an adjustment for the previous years omissions on yhe current year retun Refer to the taxpayer to his supervisor Refuse to prepare the current year return until the prior year return is amended
omissions and Advise the of yhe consequences of not amending the previous years return Make an adjustment for the previous years omissions on yhe current year retun Refer to the taxpayer to his supervisor Refuse to prepare the current year return until the prior year return is amended
Chapter18: Accounting Periods And Methods
Section: Chapter Questions
Problem 20DQ
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While preparing a 2020 return for a tax payer tyreek a paid preparer determined that the taxpayer had omitted certain items when they file their prior year retun choose the response that correctly completes the next sensence describing how tyreek should handle this situation. He should advise the taxpayet promptly of the fact of such omissions and
Advise the of yhe consequences of not amending the previous years return
Make an adjustment for the previous years omissions on yhe current year retun
Refer to the taxpayer to his supervisor
Refuse to prepare the current year return until the prior year return is amended
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