Question
Coretta would like to have her tax return prepared by a professional She has one W2 Her preparer notices that she filed a schedule c
Coretta would like to have her tax return prepared by a professional She has one W2 Her preparer notices that she filed a schedule c the previous year for a consulting business Corette states that her income and expenses are exactly the same as last year but she says nothing about operating a business Nor does she offer any information relating to the business income or expenses which f the following is an appropriate action for tax pro to take? A Ask questions to substantiate the existence of the businees and if the business is still operational ensure that all income and expenses are properly reported B obtain a signed acknowledgement from the taxpayer stating that she no longer has a business C print a copy of last ears schedule c and assist the taxpayer in adjusting the figures so they do not look same as previous year D refuse to prepare the return
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