2. Sasha completed her client's tax retum and gave him her bill for the previously agreed- upon $200 preparation fee. The client inquired as to the amount of time it required to prepare his return, and, when Sasha told him it was about two hours, he refused to pay the fee. She discussed the fee with her client and, when the client still refused to pay, she refused to give him the completed return but she retumed his records. Has Sasha violated her ethical duties under Circular 230? 3. Morgan is a registered tax retum preparer who received a request from the IRS for certain records substantiating deductions taken on his client's tax retum for the year before Morgan began preparing the client's tax retum. Morgan doesn't have the requested records and believes the IRS has made a mistake by directing their request to him instead of to the client or his former tax retum preparer. Based on those factors, he decided to ignore the request. Is Morgan's ignoring the request from the IRS for his client's records an ethical violation under Circular 230? 4. Your client, Employer, discovers that certain employees' Forms W-2 underreported the employees' taxable income. The error is not discovered until May of the following tax year. Employer's federal employment tax retums are also incorrect. What are your responsibilities to your client under Circular 230? - 2 - 5. In 2015, a CPA was disbarred from practicing from the IRS. Can the CPA start to prepare returns in 2021? Name: ACC 4310 F19 Total Points: 7100.0 Chapter 26 Homework Provide a short answer (3-4 lines) for the following hypothetical situations. To recieve full points, your response must include: (1) an answer to the question (e.g., yes, no, etc.); (2) a SHORT explanation for your answer; and (3) the applicable citation under Circular 230 (e.g., "sec. 10.32" or "$10.32'). You can "cut & paste and summarize" from Circular 230. Present your homework in an organized and professional manner -- if I can't read it, you won't be awarded points! HINT: I am only looking for the single-most applicable section of Circular 230 directly applicable to each question (i.e., don't write two sections of Circular 230 as an answer). You can use a section of Circular 230 to answer multiple questions (e.g., 10.20 may be applicable to several questions). You should be able to find locate the answers to the hypotheticals in the following sections of Circular 230: $10.2 $10.20 $10.21 $10.22 $10.23 $10.24 $10.25 $10.27 $10.28 $10.29 $10.30 $10.31 $10.32 $10.34 $10.37 $10.50 $10.51 $10.53 $10.79 1. John and Mary Smith are under audit and are going through a divorce. You have represented both of them for many years with respect to John's business and their estate plan. You believe that Mary may qualify for innocent spouse. Can you represent both parties under Circular 230? 2. Sasha completed her client's tax retum and gave him her bill for the previously agreed- upon $200 preparation fee. The client inquired as to the amount of time it required to prepare his return, and, when Sasha told him it was about two hours, he refused to pay the fee. She discussed the fee with her client and, when the client still refused to pay, she refused to give him the completed return but she retumed his records. Has Sasha violated her ethical duties under Circular 230? 3. Morgan is a registered tax retum preparer who received a request from the IRS for certain records substantiating deductions taken on his client's tax retum for the year before Morgan began preparing the client's tax retum. Morgan doesn't have the requested records and believes the IRS has made a mistake by directing their request to him instead of to the client or his former tax retum preparer. Based on those factors, he decided to ignore the request. Is Morgan's ignoring the request from the IRS for his client's records an ethical violation under Circular 230? 4. Your client, Employer, discovers that certain employees' Forms W-2 underreported the employees' taxable income. The error is not discovered until May of the following tax year. Employer's federal employment tax retums are also incorrect. What are your responsibilities to your client under Circular 230? - 2 - 5. In 2015, a CPA was disbarred from practicing from the IRS. Can the CPA start to prepare returns in 2021? Name: ACC 4310 F19 Total Points: 7100.0 Chapter 26 Homework Provide a short answer (3-4 lines) for the following hypothetical situations. To recieve full points, your response must include: (1) an answer to the question (e.g., yes, no, etc.); (2) a SHORT explanation for your answer; and (3) the applicable citation under Circular 230 (e.g., "sec. 10.32" or "$10.32'). You can "cut & paste and summarize" from Circular 230. Present your homework in an organized and professional manner -- if I can't read it, you won't be awarded points! HINT: I am only looking for the single-most applicable section of Circular 230 directly applicable to each question (i.e., don't write two sections of Circular 230 as an answer). You can use a section of Circular 230 to answer multiple questions (e.g., 10.20 may be applicable to several questions). You should be able to find locate the answers to the hypotheticals in the following sections of Circular 230: $10.2 $10.20 $10.21 $10.22 $10.23 $10.24 $10.25 $10.27 $10.28 $10.29 $10.30 $10.31 $10.32 $10.34 $10.37 $10.50 $10.51 $10.53 $10.79 1. John and Mary Smith are under audit and are going through a divorce. You have represented both of them for many years with respect to John's business and their estate plan. You believe that Mary may qualify for innocent spouse. Can you represent both parties under Circular 230