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A retired 6 7 - year - old, low - income client makes an appointment with you, a tax professional, to have a tax return
A retired yearold, lowincome client makes an appointment with you, a tax professional, to have a tax return prepared. Once you review their documents, you realize this is a simple return. The firm charges a minimum of $ per tax return prepared, which is a significant amount of money for the taxpayer. Create one initial post and respond to at least two of your classmates.
For your initial post, address the following:
What might you do to help a retired yearold, lowincome client with a simple return?
What options are available to lowincome taxpayers?
Why would a retired yearold, lowincome client be eligible for one of these options VITA or TCEover another?
What specific income and tax papers would this client need for eligibility in either program?
For your response posts, address the following:
What other options are available to lowincome taxpayers besides the options your peer mentioned?
What are some potential ethical issues related to your classmates' responses?
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