Accuracy, Record Retention, and Data Security
Free IRS Enrolled Agent SEE Part 3 (Representation, Practices and Procedures) lesson in Filing Process. 16 min read, ~2,330 words.
Software reliance does not shield the preparer. §10.22 due diligence and §6694 penalties still apply when you sign. Reconcile every input to source documents and resolve every diagnostic before signing. §6107(b) preparer retention is 3 years (copy or list); the §6695(d) penalty is \$65 per failure, capped at \$32,500. Taxpayer...
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Check Your Understanding
- Exam Shortcuts
Learning objectives
- 1
- 2
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