WebThe disclosure of a tax return position will reduce or eliminate an accuracy-related penalty on the taxpayer in which of the following circumstances? The position is frivolous. The position is not properly substantiated. The position concerns a tax … Web25 Likes, 0 Comments - Epicrich Consulting (@epicrich) on Instagram: "Job title: FACTORY ACCOUNTANT Number of positions: 1 person . Requirements: Ø HND in accounting ..." Epicrich Consulting 🇳🇬 on Instagram: "Job title: FACTORY ACCOUNTANT Number of …
REG Chapter 3 Part 2: Substantiation and Disclosure of Tax …
WebStatement on Standards for Tax Services (SSTS) No. 1, Tax Return Positions, addresses a member’s obligation when recommending a tax return position or taking a position on a tax return that the member prepares. Tax laws of various taxing jurisdictions contain similar limitations on the ability to recommend or take certain tax return positions. WebAccording to Statements on Standards for Tax Services No. 1, a tax practitioner can recommend a tax return position: A. if the position is frivolous and disclosed on the tax return. B. if the position complies with the standards imposed by the applicable tax authority. C. only if the position meets the "more likely than not" standard. gasztroműhely menü
07.09 Flashcards by Maria Orozco Brainscape
WebLiabilities should generally be recorded at the enacted income tax rate associated with the period of the uncertainty. For example, assume a company records a liability for an uncertain tax position that meets the recognition threshold related to a position taken in its Year 1 tax return. In Year 2 there is a change in tax rate. WebOctober 15th. August 15th. November 15th. None of the choices are correct. April 15th. Greg earned $21,500 this year and had $1,500 of federal income taxes withheld from his salary. Assuming that Greg is single, 25 years old, and will have a total tax liability of $1,000 (and thus will receive a $500) refund, he. is required to file a tax return. WebI took my entire tax return and doubled my position on Tuesday… the lift off started today. #CHALF . side news: Chalice is opening a superstore in Portland Oregon this summer. ... At the end of the year, I get a nice tax return and do some thing fun with it Reply more replies. ... gasztroműhely miskolc