Question
Which statement about practitioner solicitation is correct? Select one: a. Practitioners may never advertise their services. b. Practitioners who have completed the AFSP program may
Which statement about practitioner solicitation is correct?
Select one:
a. Practitioners may never advertise their services.
b. Practitioners who have completed the AFSP program may advertise that they hold a valid AFSP Record of Completion from the IRS for the appropriate calendar year.
c. Since an Enrolled Agent (EA) is considered to be credentialed, he/she may use the term certified in their marketing materials.
d. Since the designations of an EA and an AFSP participant program are both IRS designations, the EA or AFSP may claim they are employees of the IRS.
e. None of these.
Jonathan works as a plumber for J&C Contracting. Jonathan received regular wage, mileage reimbursed under a non-accountable plan, and sick pay from an employer-paid insurance plan. Which of the compensation amounts will be included on his Form W-2 in box 1 as taxable income?
Select one:
a. Regular wages only.
b. Regular wages and mileage reimbursements.
c. Regular wages, mileage reimbursements, and employer paid sick pay.
d. Sick pay from an employer-paid insurance only.
Which of the following types of interest is not taxable in the year it is posted to the taxpayers account? Select one: a. Interest on a savings account b. Interest on an investment account c. Interest on an IRA d. Interest on life insurance proceeds remaining with the insurance company
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