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Discuss thoughts on implications of e-filing tax documents

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Reference no: EM131030895 , Length: 850 Words

Question:

Under the IRS tax code, there are many tax laws for which you will need to be in compliance with as a tax preparer.

You are training an intern and must explain to her a tax preparer''s professional responsibilities with respect to the following:

PTIN

E-filing

Maintaining clients' tax records

Earned Income credit due diligence, including the types of inquiries you will need to make of the taxpayer to determine his or her eligibility
At least 2 citations and references in APA style

Prepare a response to discuss your thoughts on the implications of e-filing tax documents.

What might motivate the average taxpayer to cheat on their taxes? Do you think tax software makes cheating easier? (Support your response.)

Is it easier or harder to file fraudulent taxes (provide examples)?

With your experience in this course, what do you see as the most difficult components for individual preparers to understand about filing taxes?

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