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The Overall Requirement of the Internal Revenue Service Circular 230

Question 5

Multiple Choice

The overall requirement of the Internal Revenue Service Circular 230 is to ensure that tax professionals:


A) know their clients.
B) always develop tax plans for their clients.
C) make tax planning suggestions that, even if they don't have a chance of success, will save the client some money in the short term.
D) never develop tax shelters.
E) only be professional accountants.

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