Under the provisions of Circular 230, paid tax preparers must:

Multiple Choice

Provide a covered opinion.

Pass a competency examination.

Be an Enrolled Agent.

Inform the client if the client has made an error in a document submitted to the IRS.

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.

Which of the following types of Regulations is the strongest tax authority?

Multiple Choice

Proposed.

Legislative.

Temporary.

Final.

.

.

Xavier is single and has taxable income of $47,375. His marginal tax rate is:

Multiple Choice

10%.

16%.

25%.

15%.