Contingent fees are prohibited for tax professionals when preparing tax returns for clients.

Name: Contingent fees are prohibited for tax professionals when preparing tax returns for clients.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Contingent fees are generally prohibited for tax professionals when preparing original or amended tax returns because the fee cannot depend on the outcome of the tax return. This is to ensure objectivity and integrity in the preparation of tax documents.

Contingent Fees Are Prohibited for Tax Professionals When Preparing Tax