Statement on Standards for Tax Services No$.1$ establishes as a basic principle of providing tax services that the CPA

Multiple Choice

can never recommend a tax position to the client without disclosing it to the SEC.

must have a good faith belief that the tax return position will be accepted by the IRS.

must have a good faith belief that the tax return position has a realistic possibility of success if challenged by the IRS.

can never recommend a tax position to the client when it is more likely than not to be challenged by the IRS.